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Showing 41 - 50 of 51 results for "US Commerce Department"

Darkest before dawn

BENJAMIN ONG  |  MONDAY, 2 FEB 2009
... indicates that this already gloomy prediction for the US maybe revised even lower. And where the US goes... The US Commerce Department reported that US real GDP contracted at an annualised rate of 3.8 per cent in the last three months of 2008. This was ...

US houses continue to burn

BENJAMIN ONG  |  FRIDAY, 18 JUL 2008
Market Movers Overnight The US housing market remains in a freefall. The US Commerce Department reported that housing starts increased to 1066K in June, a month-on-month rise of 9.1 percent. This was better than market expectations for a 1.8 percent ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 16 JAN 2008
... the worst of the impact on financial companies from the global credit crisis may be far from over. The US Commerce Department said retail sales unexpectedly fell in December, to close out the weakest year at the cash register since 2002, implying costlier ...

Market wrap - morning

AAP  |  MONDAY, 15 OCT 2007
... consistent with global sentiment that the US economy is proving resilient to the credit crunch," she said. The US Commerce Department reported on Friday night that retail sales in September jumped by a better than expected 0.6 per cent. The increase ...

Market wrap

AAP  |  WEDNESDAY, 21 JUN 2006
... NEW YORK - US stocks were mixed as strong housing data cooled fears about slowing economic growth. The US Commerce Department said housing starts rose in May faster than economists' predictions, but permits for future projects fell. The Standard & Poor's ...

Market Wrap

... equity markets overnight. All three major US stock indices scambled higher by the close of trade after the US Commerce Department released softer-than-expected housing starts data for April. Evidence of a cooling off in the housing market sparked investor ...

Midday Market Wrap: Dollar stronger at noon

... followed US dollar weakness and falling equities. The US dollar fell against its major rivals after the US Commerce Department confirmed it would install quotas on Chinese clothing imports, raising fears of protectionism and the US trade deficit. "We ...

Morning market wrap: Technicals push US stocks modestly higher

... 1,018.6, while the Nasdaq composite average gained 9.0 points (0.5%) to finish at 1,855.0. Earlier the US Commerce Department reported retails sales rose by 0.6% in August, which was below expectations and failed to reflect an apparent strong lift in ...

Midday market wrap: Local shares eke out modest gains

... market opened considerably weaker, in line with rising yields in the US Treasuries market. Overnight the US Commerce Department reported US retail sales jumped by 1.4% in July, and which has resulted in US economists revising higher forecasts for third ...

Morning market wrap: US bonds down on strong data

US bond yields jumped to the highest level in a year, as a report from the US Commerce Department showed retail sales surged by 1.4% in July. The consensus of markets forecasts was for an increase of just 0.9%, while the same report also included substantial ...