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Dollar Little Changed After U.S. Weekly Jobless Claims

After the release of the U.S. weekly jobless claims for the week ended January 5 at 8:30 am ET Thursday, the greenback changed little against its major counterparts. The greenback was trading at 108.10 against the yen, 0.9781 against the franc, 1.2765 against the pound and 1.1535 against the euro around 8:32 am ET. The…

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New Zealand Building Permits Sink 2.0% In November

The total number of building permits in New Zealand issued in November was down a seasonally adjusted 2.0 percent on month in November, Statistics New Zealand said on Friday – coming in at 3,120. That follows the downwardly revised 1.4 percent increase in October (originally 1.5 percent). In the year ended November 2018, the actual…

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Australia Construction Index On Tap For Friday

Australia will on Friday see December results for the Performance of Construction Index from the Australian Industry Group, highlighting a busy day for Asia-Pacific economic activity. In November, the index score was 44.5. Australia also will release November numbers for retail sales, with forecasts suggesting an increase or 0.3 percent on month – reading. New…

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Crude Oil Futures Gain For 9th Straight Session

Crude oil futures ended higher on Thursday, extending gains to a ninth successive session, the longest winning streak in about nine years, with recent reports showing declines in crude output from OPEC and other major producers. Besides expectations that the OPEC-led production cut will help ease concerns about a supply glut, hopes that positive developments…

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Australia Retail Sales Advance 0.4% In November

The value of retail sales in Australia was up a seasonally adjusted 0.4 percent on month in November, the Australian Bureau of Statistics said on Friday – coming in at A$27.115 billion. That exceeded expectations for an increase of 0.3 percent, which would have been unchanged from the October reading. By category, sales for food…