Dollar climbs after poor European retail sales
LONDON, July 3, 2009 (AFP) - The dollar climbed against the euro Friday after eurozone retail figures slipped back into a rut and as fresh worries about the health of the US economy supported the...
AFP Finance News -
Saturday July 4, 2009, 2:39 am
Hobart Myer site for sale
The former Myer department store site in central Hobart is to be sold.
The Retirement Benefits Fund was hoping to redevelop the burnt-out site but says the $200 million plan is no longer...
ABC Business News -
Friday July 3, 2009, 3:34 pm
Euro Regains Footing But Drop In Retail Sales Could Be Weighing Factor
The Euro reached back above 1.4000 as a revised higher final PMI service reading to 44.7 from 44.5 helped provide support. A surprise improvement in Germany to 45.2 from 44.3 helped offset lower...
Forex Capital Markets -
Friday July 3, 2009, 9:32 am
Trade Deficits Are Back
Another monthly trade deficit with those lazy, hazy days of summer and the big trade surpluses banished by the downturn in iron ore and coal prices, while the slump in imports shows...
Australasian Investment Review -
Friday July 3, 2009, 8:50 am
EUR/USD: Trading the Euro-Zone Retail Sales Report
Retail sales in the Euro-Zone is widely expected to remain subdued throughout the year, with economists forecasting consumer spending to fall 0.1% in May, and the data is likely to drag on the...
Forex Capital Markets -
Thursday July 2, 2009, 3:03 pm
Clive Peeters Misses The Retailing Surge
Melbourne-based whitegoods group, Clive Peeters seems to be one retailer which missed the stimulus boom. The company is facing a 2009 loss, dividend will be skipped and the outlook is grim with a...
Australasian Investment Review -
Thursday July 2, 2009, 8:15 am
Retail sales firm in SA
South Australia's retail turnover in May rose 1.8 per cent, which was almost double the national increase.
Peter Vaughan from Business SA says the strong retail figures are a sign of the...
ABC Business News -
Wednesday July 1, 2009, 6:52 pm
Retail sales jump, building slumps
The latest official economic data has revealed a stark contrast between rising retail sales and a surprise slump in building approvals.
A 1 per cent increase in retail sales during May confirmed...
ABC Business News -
Wednesday July 1, 2009, 2:36 pm
Midday Market Roundup 01/07/09
The market is down 87 compared to the 24 point fall the SFE Futures predicting this morning. The market popping 20 points on the end of day match out yesterday hasn't helped our performance this...
Australasian Investment Review -
Wednesday July 1, 2009, 12:11 pm
Aussie dlr takes a pause, awaits retail sales data
SYDNEY, July 1 (Reuters) - The Australian dollar slipped
from two-week highs on Wednesday, taking a breather from its
best quarterly performance in more than two decades, while
awaiting key data...
Reuters Finance News, Australia -
Wednesday July 1, 2009, 9:51 am
Euro Finds Support In Gains In German Retail Sales And Manufacturing, Remains Vulnerable Ahead Of ECB Decision
The Euro found support from higher German retail sales and Euro-Zone PMI to a high of 1.4088 but has started to consolidate leaving downside risks.Talking Points
• Japanese...
Forex Capital Markets -
Wednesday July 1, 2009, 9:45 am
David Jones' Sharp Upgrade
Despite the surge in profits at our major retailers, private credit dropped 0.1% in May. David Jones joined Myer and JB Hi-Fi in reporting much better than expected profit rises in the current half...
Australasian Investment Review -
Wednesday July 1, 2009, 8:25 am
Australia shares seen down; U.S. data disappoints
SYDNEY, July 1 (Reuters) - Australian shares are set to
retreat on Wednesday after a surprise fall in U.S. consumer
confidence dimmed hopes of quick global economic recovery and
weighed down on Wall...
Reuters Finance News, Australia -
Wednesday July 1, 2009, 8:23 am
Euro Vulnerable as German Retail Sales Stall, Bolstering Case for ECB Rate Cut (Euro Open)
The Euro may see selling pressure emerge in the forthcoming session as German Retail Sales come to a standstill in May, with the prospect of deepening recession boosting priced-in expectations for an...
Forex Capital Markets -
Wednesday July 1, 2009, 4:09 am
David Jones upgrade gives recovery hope
Retail stocks were the pick of the sharemarket on Tuesday, as investors marked the end of the 2008/09 financial year by celebrating fresh signals the economic downturn may be abating.Up-market...
AAP -
Tuesday June 30, 2009, 7:02 pm
