Saturday, 25 January 2020
Jakarta
--:--
Tokyo
--:--
Hongkong
--:--
New York
--:--
Aussie Retail Sales (Nov MoM): +0.9 vs +0.4 Expected
Friday, 10 January 2020 07:53 WIB | ECONOMY |Ekonomi Australia

Australia run of official data for November continued today with Retail Sales for the month of November, Month on Month (MoM).

 +0.9 vs +0.4 (expected) and 0% prior. (AUD rallies 15 pips at the time of writing).

"The 0.0% MoM headline reading in Oct was another disappointment given the middle-income tax rebates that came into effect on 1 July, especially with the detail showing spending on discretionary items (e.g. clothing & apparel, household goods and department stores) was negative."

analysts at Westpac explained, adding that the consensus for Nov was 0.4%mth, "if only thanks to a rebound from Oct and the growing popularity of œBlack Friday sales which could see Nov benefit at the expense of Dec."

Source : FX Street

RELATED NEWS
BOE Rate Cut in Doubt Amid Signs of Post-Election Growth Bounce...
Friday, 24 January 2020 16:43 WIB

A closely watched measure of U.K. economic activity surged to the highest since 2018 in January, undercutting the case for a Bank of England interest-rate cut next week. IHS Markit's flash index for ...

Germany Starts to Shake Off Slump With Better Start to 2020...
Friday, 24 January 2020 15:49 WIB

Germany economy took a big step to putting the horrors of 2019 behind it, opening the new year with a pickup in activity and business confidence. IHS Markit's composite Purchasing Managers' Index ros...

Tingkat pengangguran Australia turun ke terendah 9 bulan, dapat mencegah penurunan suku bunga...
Thursday, 23 January 2020 08:59 WIB

Ketenagakerjaan Australia melampaui perkiraan untuk bulan kedua pada bulan Desember mendorong tingkat pengangguran ke level terendah sembilan bulan, peningkatan yang sangat dibutuhkan yang dapat mence...

U.K. Retail Sales Extend Worst Run on Record Despite Discounting...
Friday, 17 January 2020 16:47 WIB

U.K. consumers stayed away from the stores during the key Christmas trading period, despite widespread discounting and a break in the political impasse over Brexit.  The volume of goods sold in ...

China's Economy Grew 6% in Fourth Quarter as Demand Stabilized...
Friday, 17 January 2020 09:14 WIB

China™s economy stabilized last quarter after slowing to the slowest pace in almost three decades, as rising demand and easing trade tensions supported sentiment. Gross domestic product rose 6...

LATEST NEWS
Stocks end lower on worries over coronavirus outbreak

Stocks ended lower Friday, giving up early gains after authorities confirmed a second U.S. coronavirus case. The Dow Jones Industrial Average fell around 170 points, or 0.6%, to end near 28,990, according to preliminary figures, while the S&P...

Oil Drops The Most Since May on Fears Coronavirus Will Hit Growth

Oil posted its worst week since May as the coronavirus outbreak continues to pressure prices. A slowdown in China's economy would impact demand because China is the world's largest crude oil importer, after importing a record 10.12 million barrels...

Gold prices notch gains for the day and week as coronavirus fears intensify

Gold prices finish higher on Friday, ending at the highest settlement in about three weeks as a viral outbreak originating out of China continued to grow. February gold closed $6.50, or 0.4%, higher at $1,571.90 an ounce on Comex. The metal also...

POPULAR NEWS
Gold futures finish at their highest in more than 2 weeks
Friday, 24 January 2020 01:53 WIB

Gold futures settled at a more than two-week high on Thursday, as worries surrounding the spread of the coronavirus led to weakness in the U.S....

Gold finishes lower as worries over China virus ebb
Thursday, 23 January 2020 02:03 WIB

Gold futures ended with a modest loss on Wednesday, lacking support as some equities markets in Asia and the U.S. climbed and while commodities...

Gold Holds Steady On Central Bank Policy Expectations
Wednesday, 22 January 2020 21:13 WIB

Gold prices were little changed on Wednesday as technical support on expected dovish monetary policy from central banks offset revived appetite for...

Gold Declines Amid Virus Concerns; Palladium Rallies
Wednesday, 22 January 2020 15:53 WIB

Gold fell for a second day as markets assessed the likely impact of the spread of China™s coronavirus. Palladium climbed after...