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Australian Trade Balance unchanged in December

The latest Australian Bureau of Statistics (ABS) Retail Trade figures show that Australian retail turnover was relatively unchanged in December 2015, missing forecasts on 0.5% increase and following a rise of 0.4% in November 2015, seasonally adjusted. In seasonally adjusted terms there were rises in food retailing clothing, footwear and personal accessory retailing and department stores. Household goods retailing, other retailing and cafes, restaurants and takeaway food services fell in December 2015. Read more...

Spanish Unemployment Rate decreased more than expected

The unemployment rate in Spain fell more-than-expected last month, official data showed on Thursday. In a report, Ministry of Labour and Immigration said that Spanish unemployment rate fell to an annual rate of 20.90%, from 21.18% in the preceding month. Analysts had expected Spanish unemployment rate to fall to 21.05% last month.  Read more...

UK Retail Sales down 1.0%

Compared with November 2015, the quantity bought in the retail industry is estimated to have decreased by 1.0%. Analysts were expecting 0.1% decrease. When comparing the 2015 annual data with 2014, the quantity bought in the retail industry was estimated to have increased by 4.5%. The amount spent in the retail industry decreased by 1.0% in December 2015 compared with December 2014 and decreased by 1.4% compared with November 2015. The value of online sales increased by 8.2% in December 2015 compared with December 2014 and decreased by 5.2% compared with November 2015. Read more...

U.S. Retail Sales down by 0.1%, PPI fell 0.2%

The U.S. Census Bureau announced that advance estimates of U.S. retail and food services sales for December, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $448.1 billion, a decrease of 0.1% from the previous month, and 2.2% above December 2014. This was in line with market expectations. Total sales for the 12 months of 2015 were up 2.1% from 2014. Retail trade sales were down 0.2% from November 2015, but up 1.6% from last year. Sporting goods, hobby, book and music stores were up 7.6% from December 2014 and nonstore retailers were up 7.1% from last year.


The Producer Price Index for final demand decreased 0.2%  in December, seasonally  adjusted, the U.S. Bureau of Labor Statistics reported. Final demand prices increased 0.3% in November and fell 0.4 percent in October. On an unadjusted basis, the final demand index fell 1.0% in 2015, after rising 0.9% in 2014. In December, the decrease in the final demand index can be traced to a 0.7% decline in prices for final demand goods. In contrast, the index for final demand services moved up 0.1%.

Euro is currently being traded around 1.0940 level, Sterling is few points above 1.4330 area, while Aussie is at 0.6870 level. Later today, Industrial Production and Consumer Sentiment figures are scheduled for a release.

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