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Showing 71 - 80 of 93 results for "US retail sales"

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 ...

Pause that refreshes

BENJAMIN ONG  |  THURSDAY, 14 MAY 2009
... bigger falls than this. Recall that Wall Street also fell on the same day last month when disappointing March US retail sales figures were released. Besides no one truly expects US consumers to be splurging in a hurry anyway. Not with rising joblessness ...

Market Wrap - Morning

AAP  |  THURSDAY, 14 MAY 2009
... points, or 0.55 per cent, to 3842.5. NEW YORK - Wall Street shares took a beating on Wednesday as a weak report on US retail sales dampened hopes for a quick economic recovery from the recession. The Dow Jones Industrial Average slid 184.22 points, or ...

Market Wrap - Morning

AAP  |  THURSDAY, 16 APR 2009
... stock average lost 1.13 per cent on Wednesday as Canon Inc and other exporters slipped after surprisingly poor US retail sales data dampened hopes for an economic recovery and sent the yen higher. The Nikkei-225 index fell 99.72 points to 8,742.96. HONG ...

Sellers beware

BENJAMIN ONG  |  WEDNESDAY, 15 APR 2009
Wall Street retreated last night apparently shocked at reports of an unexpected fall in US retail sales. The US Commerce Department reported that retail sales fell 1.1 per cent in March with sales ex-autos declining 0.9 per cent. Expectations were for ...

Market Wrap - Morning

AAP  |  MONDAY, 16 MAR 2009
... Friday, its biggest one-day gain in over three months as Canon Inc and other exporters surged after data showed US retail sales stabilising and Bank of America reported a return to profit. The Nikkei-225 index added 371.03 points, or 5.15 per cent, to ...

Cognacs and chocolates

BENJAMIN ONG  |  THURSDAY, 15 JAN 2009
... threatened. Depressed US consumers are no longer able to afford retail therapy. Data out overnight showed that US retail sales plummeted by 2.7 per cent in December, more than double market expectations for a 1.2 per cent drop. This is the first time ...

Search for equilibrium

BENJAMIN ONG  |  MONDAY, 20 OCT 2008
... leading indicator of construction activity) declined by 38.4 per cent in the year to September - a 27-year low. US retail sales fell by a bigger-than-expected 1.2 per cent in September following a downwardly revised 0.4 per cent fall in the previous ...

No instant gratification

BENJAMIN ONG  |  THURSDAY, 16 OCT 2008
... 6.5 per cent lower. Reports out of the US highlighting the economy's weakening condition sparked the sell-off. US retail sales fell by a bigger-than-expected 1.2 per cent in September following a downwardly revised 0.4 per cent fall in the previous month. ...