uk retail sales estimate 2008

Fed's Kohn Says GDP to Show Large Decrease, Sizeable Risks to Inflation Ahead

Federal Reserve Vice Chairman Donald Kohn said next week's release of the Commerce Department's advance GDP estimate for the first quarter of 2009 is expected to show another sizable decrease, and this recession is likely to be among the deepest and longest since World War II.Speaking in Delaware on Monday evening, Kohn said consumption appears to have steadied after a sharp drop in the second half of 2008. Kohn also said that the declines in sales and construction of single-family

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Asian Morning Update 5th June 2008

Like a bachelor the market has a fear of commitment…Releases from Europe:April Forecast ActualEuro-zone Retail Sales (MoM) +0.2% - 0.6%Euro-zone Retail Sales (YoY) - 0.8% - 2.9%MayU.K. Services PMI 50.5 49.8Releases from the States: May Forecast ActualChallenger Job Cuts (YoY) 103.5K

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May 14th 2009, Optimism Diminishes For A Day

The USD staged a bounce in value on Wednesday gaining as optimism subsided in the international markets yesterday. The U.S. released its Retail Sales data yesterday and the Core figure turned in a negative figure of minus -0.5% compared to the upbeat estimate of 0.1%. The outcome of this report was enough to spook the equities markets and Wall Stre

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European Mid Morning Update 30th May 2008

Confusion reignsReleases from Europe:April Forecast ActualGerman Retail Sales (MoM) +0.6% - 1.7%German Retail Sales (YoY) - 2.0% - 1.0%French Producer Prices (MoM) +0.6% +0.7%French Producer Prices (YoY) +5.1% +5.4%Following yesterday’s remarkable retail PMI’s from Europe it is rather difficult to

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Yen Gains Vs Majors.

Market View Today the Dow finished down for the sixth day in a row after a decline in retail sales (-2.7%, more than double the forecast). The U.S stock indices are down about 9% over the last six sessions. With all 30 down stocks down the Dow Jones closes at -248.42 for the day and touches lowest level since December 1, 2008. In the news today was

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Forex 19th Of June 2008

Hello,In our economic calendar today:7:30 GMT : Interest rate decision in Switzerland. Actual Rate is 2.75% and the market expect no change.8:30 GMT : Retail Sales in UK. National Statistics measures the total receipts of retail stores. Monthly percent changes reflect the rate of changes of such sales. Changes in Retail Sales are widely followed as

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Dollar down as risk appetite returns

FXstreet.com (Buenos Aires) - Renewed risk appetite after a small rebound in Wall Street that rose 0.6% helped Euro and Gbp to regain the upside late in the American session. Asian markets are expected to continue the ride after sharp losses yesterday, increasing dollar losses in the next hours. Macroeconomic data for today includes NZ retail sales 2245 GMT, Japan CGPI 2350 GMT, machinery orders same time; Korea import/export price indexes 0300 GMT, and Singapore retail sales 0500 GMT, HK

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USD Slides as Global Equities Rally

The U.S. dollar is weaker on Thursday in the aftermath of a global equity rally sparked by better-than-expected auto sales in the United States on Thursday.Global equities are higher after U.S. automakers reported upbeat production data on Wednesday, with March total vehicle sales up to an annualized 9.9 million compared to February's 9.1 million and an expected 9.2 million level. Automakers also said the bottom for the industry has been reached.The Japanese Nikkei closed 4.4% higher while

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Canada Retail Sales increase 0.3% in Mar; ex autos, 0.2% down

FXstreet.com (Barcelona) For more information, read our latest forex news.

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