Search

Client support: Phone: (+357) 22314160

FX & CFD trading involves significant risk

News

Show news:


06.10.2016 08:23

The end of the third quarter saw a slight drop in retail sales in the euro area - Markit

The end of the third quarter saw a slight drop in retail sales in the euro area, meaning that sales have now fallen in three of the past four months. Italy remained the weakest performer of the 'big-three', although France saw a renewed downturn and growth slowed in Germany.

The headline Markit Eurozone Retail PMI - which tracks month-on-month changes in like-for-like retail sales in the bloc's biggest three economies combined - dipped to 49.6 in September, down from August's ten-month high of 51.0. Retailers also reported that sales were lower than during same month one year earlier, with the rate of decline on an annual basis being the fastest seen since April.

Phil Smith, economist at IHS Markit which compiles the Eurozone Retail PMI survey, said: "The headline Eurozone Retail PMI moved back into contraction territory in September, meaning that the sector has gone at least a full calendar year without successive increases in sales. A relapse in French retail sales following four months of growth was the main factor behind the downturn at the end of the third quarter, though the worst overall performance was again seen Italy. The picture in Germany remained one of moderate growth, albeit with some sales coming at the expense of lower margins."

06.10.2016 08:41

Oil is trading lower

Market Focus

  • Donald J. Trump was inaugurated as the 45th president of the United States
  • Canada: Retail Sales, m/m, November 0.2% (forecast 0.5%)
  • U.S.: Nonfarm Payrolls, January 227 (forecast 175)
  • Eurozone: Consumer Confidence, January -4.9
March 2017
  • 2017
  • 2016
  • 2015
  • 2014
  • 2013
  • 2012
  • 2011
  • 2010
  • 2009
  • 2008
  • 2007
  • 2006
  • 2005
  • 2004
  • 2003
  • 2002

Quotes

All posted material is a marketing communication solely for informational purposes and reliance on this may lead to loss. Past performance is not a reliable indicator of future results. Please read our full disclaimer.

To maximize our visitors browsing experience TeleTrade uses cookies in our web services. By continuing to browse this site you agree to our use of cookies. If you disagree, you may change your browser settings at any time. Read more

  • © 2011-2017 TeleTrade-DJ International Consulting Ltd

    TeleTrade-DJ International Consulting Ltd is registered as a Cyprus Investment Firm (CIF) under registration number HE272810 and licensed by the Cyprus Securities and Exchange Commission (CySEC) under license number 158/11.

    The company operates in accordance with Markets in Financial Instruments Directive (MiFID).

  • The information on this website is for informational purposes only. All the services and information provided have been obtained from sources deemed to be reliable. TeleTrade-DJ International Consulting Ltd ("TeleTrade") and/or any third-party information providers provide the services and information without warranty of any kind. By using this information and services you agree that under no circumstances shall TeleTrade have any liability to any person or entity for any loss or damage in whole or part caused by reliance on such information and services.

  • TeleTrade cooperates with SafeCharge Limited, which is an electronic money institution authorized and regulated by the Central Bank of Cyprus and is a principal member of MasterCard Europe and Visa Europe. We also cooperate with Moneybookers and Neteller, which offer electronic e-wallet services authorized and regulated by the Financial Conduct Authority.

    Please read our full Terms of Use.

  • To maximize our visitors browsing experience TeleTrade uses cookies in our web services. By continuing to browse this site you agree to our use of cookies. If you disagree, you may change your browser settings at any time. Read more

    TeleTrade-DJ International Consulting Ltd currently does not provide its services to residents or nationals of the USA, and also doesn't provide retail Forex and CFD accounts to residents or nationals of Belgium.

Connect with Us
Share on
social networks
Online
consultant
Request a callback
Top Page