Consumer confidence in Australia took a hit in July, the latest survey from Westpac Bank and the Melbourne Institute revealed on Wednesday, sliding 3.0 percent to a reading of 99.1. more...
Primarily reflecting a jump in the value of imports, the Commerce Department released a report on Wednesday showing that the U.S. trade deficit widened by more than expected in the month of May. The report said the trade deficit widened to $41.1 billion in May from $37.4 billion in April. more...
New orders for U.S. manufactured goods pulled back in line with estimates in the month of May, the Commerce Department revealed in a report released on Tuesday. The report said factory orders fell by 1.0 percent in May following a 1.8 percent jump in April. more...
The manufacturing sector in China contracted for the 16th straight month in June, the latest survey from Caixin revealed on Friday with a manufacturing PMI score of 48.6. more...
Trading the News: Canada Retail Sales A 0.8% rebound in Canada Retail Sales may heighten the appeal of the loonie and spark a near-term decline in USD/CAD as it boosts the outlook for growth and inflation. What’s Expected: Why Is This Event Important: The Bank of Canada (BoC) may largely endorse a wait-and-see approach throughout the remainder of the year as Governor Stephen Poloz turns upbeat ...
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