Aussie gains on retail sales

Note: This section contains information in English only.
Source: Bloomberg
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The Australian Dollar hit two month record high versus greenback on Wednesday as government statistics showed country's retail sales advanced more than expected in May. Aussie jumped versus US Dollar to USD 1.0320, the highest reading since May 3 but slightly retreated later and traded at USD 1.0287. Currently AUD/USD is trading at 1.0284.
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Wed, 04 Jul 2012 06:40:38 GMT

US factory orders climbed first time in three months

Orders in US factories advanced in May for the first time in last three months lessening concern that nation's manufacturing is struggling. Bookings rose 0.7% in May after a 0.7% drop previous month, Commerce Department reported on Tuesday. Analysts questioned by Bloomberg forecast an improvement of 0.1%. 

Wed, 04 Jul 2012 06:18:38 GMT

Australian retail sales surged more than predicted in May

Retail sales in Australia accelerated more than expected in May lifted by elevated spending in department stores and restaurants. On monthly basis sales added 0.5% to AUD 21.3 billion in May, Bureau of Statistics reported on Wednesday. Analysts questioned by Bloomberg predicted a 0.2% gain. 

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