US retail sales decline 0.3% in March

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Source: WBP Online
The US Census Bureau released the Advance Monthly Sales for Retail and Food Services report on Wednesday. Total US retail sales dropped 0.3% in March, surpassing analysts' forecast of a 0.1% rise and registering a 1.7% year-on-year increase. Meanwhile, the prior month's 0.1% decline was revised to a 0% change.
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Wed, 13 Apr 2016 15:25:05 GMT

US Dollar erases all losses against Euro by 15:00 GMT

The Greenback was seen trading at $1.1325 against the Euro on the NYSE on Wednesday, as soon as the US Census Bureau released its slightly disappointing figures for the previous month. Nevertheless, the US Dollar improved its situation on the market by 15:00, touching its new intraday high of $1.1280.

Tue, 12 Apr 2016 15:46:16 GMT

IMF cuts its global growth forecast on Tuesday

The IMF worsened its global growth outlook to 3.2%, following January's 3.4% forecast. Meanwhile, during the first hour of the North American trading session on Tuesday, the Dow Jones Industrial Average grew 19.4 and the S&P 500 Index added 2.1, reaching 17,575.79 and 2,044.08 points respectively, whereas the Nasdaq Composite Index lost around 2.5 to 4,830.86 points.

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