Japanese Retail Sales Decline In February
Japanese Retail Sales Decline In February
Japanese Retail Sales Actual -5.8%, Expected -3.1%, Previous -2.4%
Release Explanation: Retail sales are the measure of the total sales of goods and services by retail stores in Japan. This is also an important part of figuring the country’s GDP. Retail sales are an important measure of consumer spending and […]
Dollar Falls For A Second Day; Stocks Decline
Dollar Falls For A Second Day; Stocks Decline
The dollar fell for a second day after the Fed announced its plan to purchase $300 billion in longer-dated Treasuries and up to $750 billion in agency debt and mortgage bonds. But stocks were declining as fresh numbers on unemployment showed the number of continuing claims rose to […]
Could The Pound Decline Sharply?
Dollar Index: Could The Pound Decline Sharply?
With the Bank of England officially announcing yesterday it would issue new central bank reserves (money) in order to purchase up to 150 billion pounds of assets, mostly U.K. government bonds (gilts), it seems reasonable to assume there’s a potential to see the pound decline sharply.
The bank undertook its […]