Norwegian retail sales growth accelerate in June
Jul 28, 2020 16:30 pm UTC| Commentary
Norwegian retail sales rose in the month of June. On a sequential basis, retail sales grew 5.7 percent, accelerating from Mays rise of 2.8 percent. Todays data came in above expectations. The retail sales index is 13.1...
Swedish retail sales grow in June, exports continue to stay weak
Jul 28, 2020 14:04 pm UTC| Commentary
Swedish retail sales continued to grow in June, while exports continued to stay soft. On a sequential basis, the retail sales grew 1 percent, whereas they rose 3.5 percent on a year-on-year basis in June. The calendar...
Australia’s weekly consumer sentiment index falls again
Jul 28, 2020 12:30 pm UTC| Commentary
Australias weekly consumer sentiment eased. The ANZ-Roy Morgan Australian consumer confidence index dropped nearly 2 percent last week, with softness in all the sub-indices. This was the fifth fall in a row and the largest...
Gold retreats from record peak as dollar slide pauses
Jul 28, 2020 08:59 am UTC| Commentary
Gold prices declined from record peaks on profit taking, which lifted the dollar from 2-year lows, ahead of a Federal Reserve meeting and the U.S. fiscal rescue package closure. Spot gold eased 0.9 percent to $1,922.63...
Ifo business climate index for Germany rises above expectations in July
Jul 27, 2020 13:08 pm UTC| Commentary
Ifo business climate index for Germany rose stronger than expected in July. The index rose to 90.5 points from 86.3, as compared with consensus expectations of 89.3. Firms gave a better assessment of the current business...
Gold at all-time peak as U.S.-China ties worsen, coronavirus cases continue to surge
Jul 27, 2020 08:51 am UTC| Commentary
Gold prices surged to record highs as an intensifying U.S.-China tensions dented the dollar and cemented expectations that central banks would continue injecting stimulus to ease the economic stress from a worsening...
U.S. new home sales surge in June
Jul 24, 2020 18:44 pm UTC| Commentary
U.S. new home sales rose 13.8 percent sequentially in June, the second consecutive month of rise in sales at a double-digit rate. Further rebounds were seen throughout all regions with sales in the Northeast, West,...
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects