wrapper

Company Operating Profits decreased by 4.7%

Monday, May 30 2016
The trend estimate for inventories rose 0.1% in the March quarter 2016. The seasonally adjusted estimate rose 0.4% this quarter. The trend estimate for Manufacturing sales of goods and services fell 1.0% this quarter. The seasonally adjusted estimate fell 0.3% this quarter.
The trend estimate for Wholesale trade sales of goods and services rose 1.8% this quarter. The seasonally adjusted estimate rose 3.2%. The seasonally adjusted estimate for company gross operating profits fell 4.7% in the March quarter 2016. Analysts were predicting 0.5% increase. The seasonally adjusted estimate for wages and salaries rose 0.6% in the March quarter 2016.
 
Aussie is currently being traded few points above 0.7170 level. Pair is likely to find support around 0.7150 handle and resistance above 0.7220 level. There will be no major data releases in the rest of the session.
More in this category: « USD - Major events in the week ahead Spanish CPI fell by 1.1% in May »

Latest from Editor

About Us

Forex Web News is part of Rolling Capital Network providing financial consulting.

Within the Forex Web News we provide our readers with expert and timely technical analyses, fundamental analyses and news; with one aim – for our readers to make best possible financial decisions.

Forex Web News desks and analysis department follow the international markets closely and create high quality proprietary content on a both daily and weekly basis.

.

All our analysts have several years of trading and analysis experience. The Forex Web News analysis team creates daily and weekly analyses and offer forecasts regarding where they believe the markets are heading. Our readers are provided with data displayed both in texts and on graphs, providing them the fullest understanding of what is happening in the market place.

We are constantly growing our news desks and our analysis departments as we strive to broaden the content we provide to visitors of the Forex Web News.

Disclaimer

Rolling-capital.com – The company, employees, subsidiaries and associates, are not liable nor shall they be held liable jointly or severally for any loss or damage as a result of reliance on the information provided on this website. The data contained in this website is not necessarily provided in real-time nor is it necessarily accurate. All prices herein are provided by market makers and not by exchanges. As such prices may not be accurate and they may differ from the actual market price. rolling-capital.com bears no responsibility for any trading losses you might incur as a result of using any data within the Forex Web News.