The Aussie fell after the central bank left the door open for more interest rate cuts and forecast the currency might fall further as commodity prices slide. The minutes of the Reserve Bank of Australia's policy meeting on June 4 showed ...
The dollar's coming of age as a global reserve currency has resulted in a $200 billion buying spree by central banks and sovereign wealth funds since the global financial crisis, adding an estimated US6c-US8c to the dollar's value, ...
Tags: Australian Dollar, JP Morgan
Retail sales showed positive momentum to varying degrees in May, according to data released today by the United States Department of Commerce and the National Retail Federation (NRF). Commerce reported that May retail sales at $421.1 ...
Due to the decline in exports and investment decreases, Russia's economic growth will slow than expected in 2013. On Thursday (April 11), Russia's economy vice minister, Andrej Klepatsch said, Russia's gross domestic product (GDP) this year ...
U.S. economic growth will be somewhat restrained, but not deterred, and improving fundamentals provide reason for optimism by the end of 2013 and through 2014, according to a new forecast. The Manufacturers Alliance for Productivity and ...
The FMP-969 floor pump has a rubber-coated stainless steel braided hose, CNC’d hose clamp, oversize pressure gauge, aluminum handle and plunger, and fits both Presta and Schrader valves. It has a maximum inflation capacity of 260 PSI. ...
Tags: Floor Pump, Transportation, Serfas
The unveiling of Prime Minister Shinzo Abe's long-awaited growth strategy did little to stem the recent slide in Japanese stocks, with the Nikkei 225 closing down 3.8 per cent yesterday. And analysts warned that the measures announced -- ...
Tags: Abenomics, Growth Strategy
After their expectations reached a 24-year low in the previous quarter, businesses are indicating that price rises are on the agenda in the new financial year as they seek to retain profits while compensating for cost pressures and low ...
Tags: Service, Bank, Price Expectations
UK retail sales for May underline the growing importance of online sales, which “saved retailers’ bacon”, last month, according to consultancy firm KPMG. Online sales 'saved retailers' bacon' in May, said KPMG ...
Tags: British Retail Consortium Sales Monitor, Online sales, KPMG
The oil complex pushed sharply lower late in US trade Friday, extending an overnight selloff prompted by a stronger dollar, lower equities markets and OPEC's decision to roll over its 30 million b/d output target following Friday's meeting ...
Tags: Metallurgy, Mineral, Energy, Oil
The sharemarket is set to open significantly lower after heavy falls on Wall Street on Friday night. But encouraging manufacturing data out of China on the weekend could provide a boost for mining stocks. At 7am AEST, the June share ...
Tags: Sharemarket, Wall Street
One of only a handful of 37-year-old, still-working Apple-1 computers sold for a record three-quarters of a million dollars Saturday at an auction in Germany. The record price was paid by an anonymous bidder. In an interview with the?New ...
Tags: Computer Products
Irn-Bru manufacturer AG Barr is still committed to a merger with Britvic, according to its latest financial statement covering the 15 weeks from January 27 to May 12. AG Barr 'outperformed a sluggish market' said Panmure Gordon The ...
According to LEDinside, a research division of TrendForce, retail prices for LED bulbs worldwide continue to have a downward trend this year for April. Worldwide retail price for 40W equiv. LED bulbs dropped by 5.7%, reaching 16.1 USD. ...
Last year the U.S. was the least riskiest place in the world to open a data center, according to a study released this week. The rankings, which were released by Cushman & Wakefield, Hurleypalmerflatt and Source8, were made after ...
Tags: US, Data Center, Computer Products