Retail Sales »

  • H.S. Borji

    The Canadian dollar rebounded on Friday, as steadying inflation reassured investors the Bank of Canada would hold off on cutting interest rates further in the coming months. The loonie, as the Canadian dollar is known, climbed to a session high of 0.7947 cents US. The USDCAD exchange plunged around 110 pips to 1.2600. The technical

  • H.S. Borji

    US business inventories were unchanged in January and were revised down in December, suggesting businesses had less incentive to restock their shelves at the start of the year. Business inventories – an indicator of stockpiles held by manufacturers, retailers and wholesalers that is used to calculate gross domestic product – were unchanged at $1,761.7 billion

  • H.S. Borji

    The Canadian dollar edged lower against its US counterpart on Friday, as Canadian retail sales plunged at the fastest pace in more than four years, underscoring concerns about consumer confidence. The loonie, as the Canadian dollar is known, declined 0.24 percent to 0.7982 US. The USDCAD exchange rate was trading at 1.2521 and faces initial

  • Kevin Flynn
    Analysis and Opinion » Rhapsody on Two
    Kevin Flynn - February 6, 2015, 23:39 GMT

    “It was the epoch of belief, it was the epoch of incredulity.” – Charles Dickens, A Tale of Two Cities The current market environment seems almost a tale of two cities these days, with stocks poised to make a run … Continue reading →

  • H.S. Borji

    Canadian retail sales were unchanged in October, holding at a record high as gains in electronics and building materials offset declines at automobile dealerships and gasoline stations. Retail revenues were unchanged at $42.8 billion in October, following a 0.8 percent advance the month before, Statistics Canada reported today in Ottawa. Economists forecast a decline of

  • H.S. Borji

    The US dollar rose half a cent against its Canadian counterpart Thursday, reaching the highest level in more than five years as upbeat economic data and cheap oil kept demand for the greenback healthy. The USDCAD overcame the 1.15 barrier, a level it had tested twice this week. The pair rose 0.47 percent to 1.1532,

  • H.S. Borji

    US business inventories rose steadily in October, as stockpile accumulation continued to add to economic growth at the start of the fourth quarter. Business inventories – an indicator of stockpiles held by manufacturers, retailers and wholesalers that is used to calculate gross domestic product – increased 0.2 percent to $1,760.4 billion in October, following a

  • H.S. Borji

    US retail sales advanced faster than forecast in November, as consumers opened up their wallets for the holidays amid improving wages and more plentiful jobs, a sign the US economy was firming at the end of the year. Retail revenues in the United States rose 0.7 percent to $449.3 billion in November, following an upwardly

  • James Boston

    Consumers in the UK anticipate general price rises to moderate over the next 12 month according to the latest report by the Bank of England (BoE). The Consumer Inflation Expectation Report is now indicating that the UK general public believe that prices will rise by 2.5% over the next year as compared to a collective

  • James Boston

    As the US economy enters the final month of the year there is no sign of a let up in the gathering of economic pace in any of the nations key sectors. According to today’s data the short term retail sales figures are holding up well while the fourth quarter figures for the construction sector

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