Trading the News: U.S. Advanced Retail Sales What’s Expected Time of
release: 2/11/2010 13:30 GMT, 08:30 EST
Primary Pair Impact : EURUSD Expected:
0.3% Previous: -0.3%
Impact the U.S. retail sales report has had over EURUSD for
Feb. 9 (Bloomberg) -- Inventories at U.S. wholesalers unexpectedly fell in
December following the biggest increase in more than five years, indicating
distributors had trouble keeping up with demand. A record inventory drawdown
last year has opened the door for manufacturers to pick up
The 0.8 percent decrease in stockpiles followed a revised 1.6 percent gain in
November that was the largest since July 2004, figures from the Commerce
Department showed today in Washington. Sales climbed 0.8 percent. A record
inventory drawdown last year has opened the door for
The 0.8 percent decrease in stockpiles followed a revised 1.6 percent gain in
November that was the largest since July 2004, figures from the Commerce
Department showed today in Washington. Sales climbed 0.8 percent. A record
inventory drawdown last year has opened the door for
The 0.8 percent decrease in stockpiles followed a revised 1.6 percent gain in
November that was the largest since July 2004, figures from the Commerce
Department showed today in Washington. Sales climbed 0.8 percent. A record
inventory drawdown last year has opened the door for
Feb. 9 (Bloomberg) -- Brazil, the world’s second -biggest iron-ore exporter,
may start taxing shipments of the steelmaking raw material as it seeks to lure
investment in domestic steel plants, Energy and Mining Minister Edison Lobao
said. Brazilian President Luiz Inacio Lula da
Brazilian President Luiz Inacio Lula da Silva has been pushing Vale SA, the
world’s biggest iron-ore miner, to step up investments in steelmaking and
create more jobs in the country instead of sending ore abroad for processing.
The government “wants more” from Vale than the $17
Feb. 9 (Bloomberg) -- Brazil, the world’s second -biggest iron-ore exporter,
may start taxing shipments of the steelmaking raw material as it seeks to lure
investment in more domestic steel plants, Energy and Mining Minister Edison
Lobao said. Brazilian President Luiz Inacio Lula da
The investment bank today said second-half earnings could be up as much as 10
per cent over the first half as economic conditions around the world continue
to trend back to normal. Macquarie maintained its trademark caution, saying it
expects profit for the six months to end-March to be broadly
Feb. 9 (Bloomberg) -- Macquarie Group Ltd. , Australia’s largest investment
bank, slumped in Sydney trading after its second-half profit forecast failed to
match analyst estimates. Today’s forecast is “slightly below the more bullish
analysts,” said Angus Gluskie , who oversees $300
The 0.8 percent decrease in stockpiles followed a revised 1.6 percent gain in
November that was the largest since July 2004, figures from the Commerce
Department showed today in Washington. Sales climbed 0.8 percent. A record
inventory drawdown last year has opened the door for
