Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 131 - 140 of 699 results for "retail sales"

Fed gets green light

BENJAMIN ONG  |  WEDNESDAY, 16 AUG 2017
... another rate hike before 2017 turns into 2018 - here we come. US consumers are back to what they do best - shopping. Retail sales increased by 0.6% in July after gaining 0.3% (revised from a 0.2% fall) in the previous month. This is the fastest monthly ...

RARE expands to meet growing demand

EMMA RAPAPORT  |  THURSDAY, 27 JUL 2017
... Specialist investment manager RARE is meeting growing demand for infrastructure investing with a new appointment to its retail sales team. Former K2 Asset Management key account manager Jenny Pang will join as regional manager for NSW, ACT and SA, with ...

The problem with currency extrapolation

BENJAMIN ONG  |  TUESDAY, 18 JUL 2017
... the second quarter, the same rate as the March quarter but better than expectations for a slight easing to 6.8%. Retail sales growth accelerated to 11.0% in the year to June - the fastest since December 2015 - from 10.7% in April and May. The year-on-year ...

Is the Fed the victim of its own success?

BENJAMIN ONG  |  MONDAY, 17 JUL 2017
... NAIRU for the US is now lower. But whatever it is US inflation remains low and softening, and the easing trend in US retail sales growth offers no support. US retail sales fell by a lower than expected 0.2% in the month of June following a 0.1% decline ...

Business conditions return to pre-GFC levels

BENJAMIN ONG  |  WEDNESDAY, 12 JUL 2017
... wages growing at a record low 1.9% in the March quarter. But upbeat trading/sales conditions? Certainly, the latest retail sales report showed annual retail spending growth accelerated to 3.8% in May from 3.1% in the previous month. But back in January ...

Central Banks fail to disappoint

BENJAMIN ONG  |  MONDAY, 19 JUN 2017
... comparison when the second quarter figures are estimated, partial indicators for the second quarter are not so plush. US retail sales growth have trended lower from 4.8% year-on-year growth in March to 4.6% in April and 3.8% in May. There's a similar ...

US labour market covfefe

BENJAMIN ONG  |  MONDAY, 5 JUN 2017
... growth would have negative implications for consumer sentiment and consumer spending. Latest data showed that US core retail sales growth slowed to 4.5% in the year to April, the third month of sequential decline since the 5.4% expansion recorded in ...

Just what the doctor ordered

BENJAMIN ONG  |  FRIDAY, 2 JUN 2017
... the RBA from cutting interest rates. Yes, only yesterday we got a pleasant surprise from the ABS report that showed retail sales surged by 1.0% in the month of April - more than three times the expected growth of 0.3%. But as JP Morgan economist Tom ...

No spend, no inflation

BENJAMIN ONG  |  TUESDAY, 30 MAY 2017
... potential" as the central bank expects, further acceleration in inflation should be maintained. Tag in the acceleration in retail sales growth to 3.2% in the year to April from 2.1% in the previous and it appears that the economy is evolving according ...

Property investment manager broadens regional presence

EMMA RAPAPORT  |  TUESDAY, 23 MAY 2017
... client service, marketing and product management. Prior to joining Heitman, Beau led Legg Mason's institutional and retail sales teams for Australia and New Zealand and held senior roles at Bankers Trust, Deutsche Bank and AVIVA. "We view Australia and ...