Retail

As Black Friday and Cyber Monday approach, Australians are gearing up for a retail surge. Despite cost of living pressures, experts predict a record-breaking shopping season, potentially boosting Christmas sales by $69.7 billion.

2024-11-19T23:25:51+0000

ASX 200 ends October lower, impacted by the US election and interest rate decisions by the Reserve Bank of Australia, Federal Reserve, and Bank of England.

2024-10-31T05:03:15+0000

This week, the US September retail sales data will be closely watched as a barometer for the US economy, given that consumer spending accounts for about 65 - 70% of the US GDP.

2024-10-15T08:14:06+0100

Recent Chinese dovish pivots, mortgage rate cuts, and central bank actions push AUD/USD higher in September. Key data and risks shape this trend.

2024-09-30T06:53:35+0100

Despite a tough FY24 for Myer, with declining sales and profits, the retailer's shares outperform competitors. New turnaround plans and potential merger talks spark investor interest.

2024-09-25T00:19:53+0100

​​​Target shares up 13% in premarket trading after Q2 earnings beat, raised earnings guidance and rise in US discretionary spending.​​

2024-08-21T12:47:33+0100

Wall Street ends a turbulent week with steady gains as economic data calm recession fears and set the stage for the upcoming financial week, which includes key US consumer price index and retail sales data.

2024-08-12T04:46:33+0100

The set of economic data releases from China this morning has not been promising ahead of their upcoming Big Plenum.

2024-07-15T04:30:17+0100