Entries Categorized as 'consumer spending'

In the Financial Papers: Today’s Top Forex News 07.01.08

Date July 1, 2008

Here is the “In the Financial Papers Radio Broadcast” (Length: 5:04 minutes). The player should load automatically. Please let me know if you like it. Contact Kathy
In the Financial Papers:

 
Podcast Covers:
RBA Statement a Tad Dovish as Bank Focuses on Growth Risks
Tankan confidence falls less than expected
German June Unemployment Falls to Lowest in 16 Years
Crude Oil […]

Will Retail Sales be Strong or Weak?

Date June 11, 2008

By Kathy Lien, Chief Strategist of DailyFX.com and Abhi Chakraborty
Published: June 11, 2008
US retail sales are due for release on Thursday and the degree of consumer spending could play a big role in determining where the US dollar may head next. Despite continued deterioration in the labor market, economists expect retail sales to […]

Headline Retail Sales Contract but Ex Autos Rise!

Date May 13, 2008

Even though retail sales decreased 0.2 percent last month, the US dollar skyrocketed on the report because excluding autos, sales actually increased 0.5 percent. Interestingly enough, despite the rise in gasoline prices, gas station receipts actually fell. This suggests that Americans are driving less and buying fewer cars. This weekend, the NY Times […]

Weak Job Growth Does Not Always Equal Weak Retail Sales

Date May 12, 2008

The biggest event risk for the US dollar this week will be the April retail sales report. Since hitting a record low against the Euro the middle of last month, the greenback has strengthened significantly. However as the market finally latches onto the recent strength of the dollar, we are actually beginning to […]

In the Financial Papers: Today’s Top Forex News 04.29.08

Date April 29, 2008

Here is the “In the Financial Papers Radio Broadcast” (Length: 6:00 minutes). The player should load automatically. Please let me know if you like it. Contact Kathy
In the Financial Papers:

 
Podcast Covers:
Countrywide plunges to $893m loss
Deutsche falls to first loss in five years - Job Cuts?
Fed set for further cut in rates
Saudis to launch $5.3bn sovereign […]

In the Financial Papers: Today’s Top Forex News 04.28.08

Date April 28, 2008

Here is the “In the Financial Papers Radio Broadcast” (Length: 5:46 minutes). The player should load automatically. Please let me know if you like it. Contact Kathy
In the Financial Papers:

 
Podcast Covers:
FOMC Rate Decision vs. Non-Farm Payrolls
Federal Reserve Faces a Tough Decision
Bernanke May Have to Start Thinking Like Volcker
Euro and Oil at Crossroads
Japanese Inflation Coming
EoS: Fourth […]