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Australian Trade Balance deficit widen in August

In seasonally adjusted terms, the balance on goods and services was a deficit of $3,095m in August 2015, an increase of $303m (11%) on the deficit in July 2015. Analysts were predicting deficit of $2.48 billion. Read more...

UK's Trade Balance deficit widen in July

The UK’s deficit on trade in goods and services was estimated to have been £3.4 billion in July 2015, a widening of £2.6 billion compared with June 2015. This widening of £2.6 billion is attributed to trade in goods where the deficit has increased from £8.5 billion in June 2015 to £11.1 billion in July 2015. Analysts were predicting £9.5 billion deficit. Read more...

Unemployment Claims rose to 282,000

In the week ending August 29, the advance figure for seasonally adjusted initial claims was 282,000, an increase of 12,000 from the previous week's revised level. Analysts were anticipating smaller increase to 273,000. The previous week's level was revised down by 1,000 from 271,000 to 270,000. The 4-week moving average was 275,500, an increase of 3,250 from the previous week's revised average. The previous week's average was revised down by 250 from 272,500 to 272,250.   Read more...

Australian Retail Sales down by 0.1%

Retail Sales, in Australia, declined by 0.1%, missing the median market forecast for an increase of 0.4%. In June sales increased by 0.6%, revised down from 0.7% reported previously. It was the largest monthly decline in percentage terms since May 2014, and left the annual increase after seasonal adjustments at 4.2%, the lowest level since April. 
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