Aussie Retail Sales (Nov MoM): +0.9 vs +0.4 Expected
Friday, 10 January 2020 07:53 WIB | ECONOMY |Ekonomi Australia

Australia run of official data for November continued today with Retail Sales for the month of November, Month on Month (MoM).

 +0.9 vs +0.4 (expected) and 0% prior. (AUD rallies 15 pips at the time of writing).

"The 0.0% MoM headline reading in Oct was another disappointment given the middle-income tax rebates that came into effect on 1 July, especially with the detail showing spending on discretionary items (e.g. clothing & apparel, household goods and department stores) was negative."

analysts at Westpac explained, adding that the consensus for Nov was 0.4%mth, "if only thanks to a rebound from Oct and the growing popularity of œBlack Friday sales which could see Nov benefit at the expense of Dec."

Source : FX Street

RELATED NEWS

German IFO Business Climate Index Disappoints With 95.9 in Jan, EUR/USD Hits Fresh Lows
Monday, 27 January 2020 16:41 WIB

The headline German IFO Business Climate Index came in at 95.9 in January, weaker than last month's 96.3 and missing the consensus estimates pointing to a reading of 97.0. Meanwhile, the Current Economic Assessment arrived at 99.7 points in the reported month as compared to last month's 98.8 and 99...

BOE Rate Cut in Doubt Amid Signs of Post-Election Growth Bounce
Friday, 24 January 2020 16:43 WIB

A closely watched measure of U.K. economic activity surged to the highest since 2018 in January, undercutting the case for a Bank of England interest-rate cut next week. IHS Markit's flash index for output across the whole economy jumped to 52.4 as firms cited reduced political uncertainty in the w...

Germany Starts to Shake Off Slump With Better Start to 2020
Friday, 24 January 2020 15:49 WIB

Germany economy took a big step to putting the horrors of 2019 behind it, opening the new year with a pickup in activity and business confidence. IHS Markit's composite Purchasing Managers' Index rose to a five-month high of 51.1 in January, beating forecasts for a reading of 50.5. While manufactur...

Australia jobless rate falls to 9-month low, may head off rate cut
Thursday, 23 January 2020 08:59 WIB

Australian employment outpaced forecasts for a second month in December pushing the jobless rate to a nine-month low, a much-needed improvement that could forestall a near-term cut in interest rates. The local dollar climbed 0.47% to $0.6874 as the market pared the chance of an easing from the Rese...

U.K. Retail Sales Extend Worst Run on Record Despite Discounting
Friday, 17 January 2020 16:47 WIB

U.K. consumers stayed away from the stores during the key Christmas trading period, despite widespread discounting and a break in the political impasse over Brexit.  The volume of goods sold in stores and online fell 0.6% in December, confounding expectations of a 0.6% increase. Sales excludin...

ANOTHER NEWS
Gold Climbs to 2-Week High as Virus Fears Spark Safety Buying
Monday, 27 January 2020 18:31 WIB Gold prices rose to their highest in more than two weeks on Monday as equities slipped on growing concerns that a China virus outbreak could impact that nation™s economy, prompting investors to drop riskier assets and look for safe havens. Spot...

DISCLAIMER

Seluruh materi atau konten yang tersaji di dalam website ini hanya bersifat informatif saja, dan tidak dimaksudkan sebagai pegangan serta keputusan dalam investasi atau jenis transaksi lainnya. Kami tidak bertanggung jawab atas segala akibat yang timbul dari penyajian konten tersebut. Semua pihak yang mengunjungi website ini harus membaca Terms of Service (Syarat dan Ketentuan Layanan) terlebih dahulu dan dihimbau untuk melakukan analisis secara independen serta memperoleh saran dari para ahli dibidangnya.