Core sales in Canada advance by 0.4%

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Source: Forexpros
© Scanpix/Reuters
Statistics Canada reported on Tuesday that Canadian core retail sales added more than expected in August, whereas total retail sales increased less than forecast. Retail sales excluding automobile sales increased by 0.4%, compared to an expected 0.2% reading. Total retail sales advanced by 0.3%, while economists predicted a 0.4% growth.
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Tue, 23 Oct 2012 18:00:40 GMT

Treasuries rise on recovery doubts

On Tuesday, treasuries were traded higher, as lower than expected earnings from corporations renewed doubts over the recovery of the economy and supported demand for safer assets. The yield on benchmark 10-year notes declined 5 basis points, reaching the level of 1.77% by 9:52 a.m. in New York.

Tue, 23 Oct 2012 18:11:43 GMT

Business confidence in Belgium falls unexpectedly

National Bank of Belgium reported on Tuesday that confidence of Belgian business leaders declined unexpectedly from June to September. NBB business climate decreased to minus 13.5, compared to a preceding quarter's reading of minus 11.6. Economists, however, expected that the index would increase to minus 11.0

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