U.S. retail sales probably rose in July

Source: Bloomberg
Retail sales in the U.S. probably increased in July for the first time in 4 months as employment grew, calming market concerns the recovery is faltering. Sales are expected to increase 0.3%, following a 0.5% decline in June. Other reports might indicate factory production rose and cost of living picked up last month. 
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Mon, 13 Aug 2012 06:36:25 GMT

Oil and gold gain on Japan data

Gold and oil rose as Japan's GDP widened less than expected, adding signs to speculation central banks will create additional stimulus to support global growth. Oil gained 0.4% to $93.28 per barrel in New York on Friday. Gold for immediate delivery advanced 0.2% to $1,623.75 per ounce. While corn fell 0.3% in Chicago and wheat lost 0.8%.

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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