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Showing 511 - 520 of 715 results for "Retail sales"

Another dead feline bounce

BENJAMIN ONG  |  THURSDAY, 16 JUL 2009
... conditions had improved, credit was still quite tight in many sectors." True yesterday's 0.6 per cent rise in June retail sales was higher than expected, but look at the details - headline retail spending was due to higher petrol prices (up 5.0 per cent) ...

Positive surprise beats Meredith's surprise

BENJAMIN ONG  |  WEDNESDAY, 15 JUL 2009
... expected only US$1.11. The re-appearance of green shoots also assisted Wall Street's positive tone overnight. US retail sales rose by 0.6 per cent in June and by 0.3 per cent when auto sales are excluded. Market expectations were for a gain of 0.4 per ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 15 JUL 2009
... market expectations and easing fears about a collapsing financial system. The market also reacted to news that US retail sales rose for the second consecutive month in June, by 0.6 per cent, but with gasoline sales accounting for much of the increase ...

Lost decade redux

BENJAMIN ONG  |  MONDAY, 6 JUL 2009
... falling wages - does not augur well for consumer spending. Although the rate of decline appears to be slowing, Japanese retail sales remain in deep negative territory - down 2.6 per cent in the year to May. Indications that the economy has gone back ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 1 JUL 2009
... Wall Street rally on Monday. Tokyo rose despite unemployment hitting a more than five-year high of 5.2 per cent. Retail sales increased for the first time in 16 months. Investors are awaiting the release of Japan's Tankan survey of business confidence ...

Spin-a-win

BENJAMIN ONG  |  FRIDAY, 12 JUN 2009
... could choose any number from last night's stats and spin it both ways. Bull spin. US consumers are spending. Headline retail sales rose by 0.5 in May from the previous month. Core retail sales (ex-autos) also rose by 0.5 per cent last month - higher ...

Market Wrap - Morning

AAP  |  FRIDAY, 12 JUN 2009
... Nasdaq Composite index rose 9.29, or 0.5 per cent, to 1,862.37. Investors welcomed a drop in jobless claims, growth in retail sales and better-than-expected demand at a government debt auction. But traders also seemed mindful of how far the market has ...

Good news in inaction

BENJAMIN ONG  |  TUESDAY, 9 JUN 2009
... its first technical recession since 1991. More recent data show the Australian economy continuing to improve. April retail sales and building approvals increased while the contraction in the manufacturing sector has slowed. As such, Dun & Bradstreet's ...

GS trounces GM

BENJAMIN ONG  |  TUESDAY, 2 JUN 2009
... biggest jump in 56 years (March 1953). Green shoots for Australia too. Yesterday's domestic economic releases showed retail sales and home sales responding to stimulation and that our own PMI is moving in the growth direction. The purchasing managers ...

Pause that refreshes

BENJAMIN ONG  |  THURSDAY, 14 MAY 2009
... market reason to question whether the 'green shoots' were beginning to decay. The US Commerce Department reported that retail sales fell by a bigger-than-expected 0.4 per cent in April, down 10.1 per cent from a year ago. Underlying retail spending (retail ...