Canadian retail sales expanded less than predicted in January

Note: This section contains information in English only.
Source: Bloomberg
Canada's retail sales climbed at slower pace than analysts expected in January as a surge in new vehicle sales was offset by a drop in electronic and home-improvement goods' sales. Retail sales added 0.5% compared to forecast advance of 1.8%, Statistic Canada reported on Thursday. Loonie weakened 0.7% against greenback on the news.
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Fri, 23 Mar 2012 07:30:13 GMT

Gold futures declined in Asian session on stronger US Dollar

Gold prices decreased during the Asian session on Friday amid stronger US Dollar. The US Dollar index, which measures its performance against set of six main currencies, added 0.02% to USD79.97. COMEX gold April contract traded at 1643.25 US Dollars per troy ounce on the New York Mercantile Exchange, easing down by 0.05%.

Fri, 23 Mar 2012 06:57:21 GMT

US unemployment claims drop to 4-year low

The number of applications for jobless benefits reached the lowest reading since 2006, Labor Department said on Thursday. The unemployment claims fell by 5000 to 348 000 last week. Economists earlier predicted jobless claims to stay at previous level at 353 000. Another report said the measure of leading indicators climbed in February, attaining 11 month record high.

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