Norway retail trade decreases in June

Note: This section contains information in English only.
Source: RTTNews
Norway's retail sales declined in June, after climbing most of the months in 2012, reported by Statistics Norway on Monday. Retail sales turnover, excluding automobiles, fell a seasonally adjusted 1.4% on month in June. The drop was lead by 1.8% decline in grocery sales and 4.5% fall in petrol stations' sales.
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Mon, 13 Aug 2012 13:09:25 GMT

Gold inched up on easing speculation

Precious metals except for gold retreated on Friday despite speculation that the ECB and POBC are preparing to ease their monetary policies after weak economic data.  China's exports slowed last month while Eurozone's growth outlook for 2013 was cut by the ECB. Gold was the only gainer on global monetary stimulus hopes. However, stronger US Dollar and weak physical demand prospects

Mon, 13 Aug 2012 12:58:35 GMT

Aussie Dollar falls amid flagging demand for risky assets

The Australian Dollar declined versus almost all of its major peers as global economic downturn curtailed demand for high interest currencies. The Aussie Dollar fell 0.2% to $1.0556 and dropped to 82.63 Yen. The New Zealand Dollar lost 0.2% to 81.17 U.S. cents and 0.2% to 63.53 Yen. 

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