U.S. retail sales poised to gain

Note: This section contains information in English only.
Source: CNBC
It is expected that U.S. retail sales for the month of August will have improved in comparison to July's data. The data are to be released 12:30pm GMT on Friday, hopefully alleviating the attention from the jobs report which revealed that only 142,000 jobs were added in August. Current projections show that retail sales will have increased by 0.6%. If the retail sales figures are strong, the upcoming Fed meeting may take a turn and call for some action as regards interest rates. 

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Fri, 12 Sep 2014 07:45:18 GMT

U.S. budget deficit shrinks as revenues grow

Federal budget gap in the United States declined to $128.7 billion in August of this year, comparing with $147.9 billion a year ago. During the October-August period of the current financial year, the negative balance shrank 22%, as revenues continued to increase amid economic recovery. They added 7.7% on the annual basis, while spending rose less than 1%.

Fri, 12 Sep 2014 07:23:04 GMT

Demand for gold as a safe haven declines

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