Thursday, 22 August 2019
Jakarta
--:--
Tokyo
--:--
Hongkong
--:--
New York
--:--
U.S. Retail Sales Unexpectedly Fall Amid Weak Auto Purchases
Wednesday, 15 May 2019 19:53 WIB | ECONOMY |Retail SalesEkonomi AS

U.S. retail sales unexpectedly declined in April for the second time in three months, weighed down by soft sales of autos and building materials and suggesting consumer spending will remain subdued this quarter.

The value of overall sales declined 0.2% after a 1.7% increase the prior month that was the strongest gain since 2017, according to Commerce Department figures released Wednesday. That compared with the median forecast in Bloomberg™s survey calling for a 0.2% rise.

Sales in the ``control group'' subset, which some analysts view as a cleaner gauge of underlying consumer demand, were unchanged from the prior month, below projections for a 0.3% gain. The measure excludes food services, car dealers, building-materials stores and gasoline stations.

Source : Bloomberg

RELATED NEWS
Empire State, Philly Fed indexes hold steady in August...
Thursday, 15 August 2019 20:03 WIB

Two gauges of manufacturing sentiment held their own in August, according to data released Thursday. The Philadelphia Fed manufacturing index fell slightly to a reading of 16.8 in August from 21.8 in...

US: Retail Sales rose 0.7% in July vs. 0.3% expected, DXY advances to 98...
Thursday, 15 August 2019 19:48 WIB

Retail sales grew by more than expected in the US in July. US Dollar Index gains traction on the back of upbeat data. According to the data released by the US Census Bureau on Thursday, retail sales...

British retail sales in July climb 3.3%, topping forecasts...
Thursday, 15 August 2019 15:48 WIB

British retail sales in July grew 3.3% compared to a year ago, according to data released Thursday. Economists polled by FactSet expected a 2.6% rise. The Office for National Statistics said both valu...

Australian Employment Surges Past Expectations; Currency Rises...
Thursday, 15 August 2019 08:51 WIB

Australia's labor market continued to defy gravity in July, adding almost three times the forecast number of jobs, while unemployment remained unchanged as the labor force swelled further. Jobs rose ...

GBP/USD jumps to 1.2075 as UK CPI rises 2.1% y/y in July vs. +1.9% expected...
Wednesday, 14 August 2019 15:56 WIB

The UK Consumer Prices Index (CPI) 12-month rate came in at 2.1% in July, when compared to 2.0% booked in June while bettering expectations of a 1.9% print, the UK Office for National Statistics (ONS)...

LATEST NEWS
Dow Ends With 200-Point Gain After Fed Minutes

U.S. stocks ended higher on Wednesday after the minutes from the Federal Reserve's July meeting showed the U.S. central bank wanted to retain flexibility during future policy decisions. The S&P 500 rose 0.8% to end around 2,924. The Dow Jones...

Hong Kong stocks finish on positive note ( Review)

Hong Kong shares closed higher on Wednesday, having swung back and forth through the day, with traders turning their focus to an upcoming speech by Federal Reserve chief Jerome Powell later in the week. The Hang Seng Index closed up 0.15 percent,...

U.S. oil prices settle lower as crude supplies log first weekly slump in 3 weeks

U.S. oil futures settled lower Wednesday after the government reported a weekly decrease in domestic crude supplies, the first in three weeks, but smaller than the market expected. Concerns over energy demand also continued to pressure...

POPULAR NEWS
Gold ends lower as stock-market rebound dulls haven shine
Tuesday, 20 August 2019 02:20 WIB

Gold futures lost ground Monday, ending lower as renewed optimism on the trade front and talk of stimulus by global policy makers dulls investor...

Gold Drops 2nd Day on Rising Stocks, Trade Comments
Monday, 19 August 2019 09:39 WIB

Gold declined for a second day as investors favored riskier assets and weighed President Donald Trump™s comments on trade talks with...

Gold ends higher, recoups some recent losses as bond yields slide
Wednesday, 21 August 2019 01:55 WIB

Gold futures climbed on Tuesday, with a slide in U.S. Treasury yields helping the haven metal recoup more than a third of what it lost a day...

Hong Kong stocks end with big gains (Review)
Tuesday, 20 August 2019 03:55 WIB

Hong Kong shares jumped more than two percent Monday following a healthy lead from Wall Street with investors cheered by positive comments on trade...