august Archive

  • New Zealand Credit Card Spending Falls In August Total credit card spending in New Zealand decreased for the first time in six months in August, data from the Reserve Bank of New Zealand showed Thursday. Credit card spending fell 0.7 percent month-over-month in August, reversing 0.8 rise in the previous month. Domestic billings dropped 0.1 percent over the month to NZ$3.09 billion and overseas billings also edged down by 0.1 percent. On an annual basis, credit card spending growth eased to 6.4 percent in August from 7.1 percent in July. Data also revealed that credit card balances rose 0.4 percent monthly in August, following a 0.5 percent increase in the preceding month. Annually, credit card balances grew at a faster pace of 5.4 percent in August after a 4.6 percent rise in July.

    New Zealand Credit Card Spending Falls In August

    New Zealand Credit Card Spending Falls In August Total credit card spending in New Zealand decreased for the first time in six months in August, data from the Reserve Bank of New Zealand showed Thursday. Credit card spending fell 0.7 percent month-over-month in August, reversing 0.8 rise in the previous month. Domestic billings dropped 0.1 percent over the month to NZ$3.09 billion and overseas billings also edged down by 0.1 percent. On an annual basis, credit card spending growth eased to 6.4 percent in August from 7.1 percent in July. Data also revealed that credit card balances rose 0.4 percent monthly in August, following a 0.5 percent increase in the preceding month. Annually, credit card balances grew at a faster pace of 5.4 percent in August after a 4.6 percent rise in July.
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  • And for the y/y, comes in at +6.4% vs. prior of +7.2% not an fx mover to much of an extent. Besdies we are waiting on the BOJ announcement and then the NZ election!

    New Zealand August credit card spending -0.7% m/m (prior +0.9%)

    And for the y/y, comes in at +6.4% vs. prior of +7.2% not an fx mover to much of an extent. Besdies we are waiting on the BOJ announcement and then the NZ election!
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  • ARGENTINA: Reserves Increase By US$ 1.86 Billion In August (Update) The Argentinean Central Bank (BCRA) said international reserves increased by US$ 1.862 billion in August, closing the month at US$ 48.877 billion. During August, the increase in international reserves was primarily due to the National Treasury's foreign currency income for bonds placements for US$ 6.156 billion. Also, the National Treasury faced US$ 2.032 billion in bill maturities and made cancellations of capital and interest to international organizations and holders of other securities denominated in foreign currency for approximately US$ 220 million. In addition, a US $ 72 million payment was made to the Latin American Integration Association (ALADI). In August, the National Treasury sold US$ 2.1 billion, and banks and other entities, US $ 362 million. This total was purchased by private sector clients for US$ 1,903 million through the Single Market and Free of Exchange and by the BCRA for US$ 567 m..

    ARGENTINA: Reserves Increase By US$ 1.86 Billion In August (Update)

    ARGENTINA: Reserves Increase By US$ 1.86 Billion In August (Update) The Argentinean Central Bank (BCRA) said international reserves increased by US$ 1.862 billion in August, closing the month at US$ 48.877 billion. During August, the increase in international reserves was primarily due to the National Treasury's foreign currency income for bonds placements for US$ 6.156 billion. Also, the National Treasury faced US$ 2.032 billion in bill maturities and made cancellations of capital and interest to international organizations and holders of other securities denominated in foreign currency for approximately US$ 220 million. In addition, a US $ 72 million payment was made to the Latin American Integration Association (ALADI). In August, the National Treasury sold US$ 2.1 billion, and banks and other entities, US $ 362 million. This total was purchased by private sector clients for US$ 1,903 million through the Single Market and Free of Exchange and by the BCRA for US$ 567 m..
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  • BRAZIL: Revenue Reaches R$ 104.206 Billion In August, Up 10.8% The Brazilian government's total revenue in August saw a 10.78% real increase - discounting the effect of inflation - on an annual basis, totaling R$ 104.206 billion (US$ 33.27 billion). On a monthly comparison, however, Brazil's revenue fell by 5.4% against July, said the country's revenue service. The collection of federal taxes and contributions, known as managed revenue, totaled R$ 102.228 billion last month. Year-to-date, revenue totaled R$ 862.739 billion, up 1.73% over the same period in the previous year. Regarding August, the Brazilian revenue service highlighted an improvement in the collection of taxes on profit (+24.60%), totaling R$ 12.711 billion special installments, which totaled R$ 1.804 billion on fuels, totaling R$ 1.851 billion, up 72.71% over the same period last year.

    BRAZIL: Revenue Reaches R$ 104.206 Billion In August, Up 10.8%

    BRAZIL: Revenue Reaches R$ 104.206 Billion In August, Up 10.8% The Brazilian government's total revenue in August saw a 10.78% real increase - discounting the effect of inflation - on an annual basis, totaling R$ 104.206 billion (US$ 33.27 billion). On a monthly comparison, however, Brazil's revenue fell by 5.4% against July, said the country's revenue service. The collection of federal taxes and contributions, known as managed revenue, totaled R$ 102.228 billion last month. Year-to-date, revenue totaled R$ 862.739 billion, up 1.73% over the same period in the previous year. Regarding August, the Brazilian revenue service highlighted an improvement in the collection of taxes on profit (+24.60%), totaling R$ 12.711 billion special installments, which totaled R$ 1.804 billion on fuels, totaling R$ 1.851 billion, up 72.71% over the same period last year.
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  • ARGENTINA: International Reserves Increase By US$ 1.862 Billion In August The Argentinean Central Bank (BCRA) said international reserves increased by US$ 1.862 billion in August, closing the month at US$ 48.877 billion. During August, the increase in international reserves was primarily due to the National Treasury's foreign currency income for bonds placements for US$ 6.156 billion.

    ARGENTINA: International Reserves Increase By US$ 1.862 Billion In August

    ARGENTINA: International Reserves Increase By US$ 1.862 Billion In August The Argentinean Central Bank (BCRA) said international reserves increased by US$ 1.862 billion in August, closing the month at US$ 48.877 billion. During August, the increase in international reserves was primarily due to the National Treasury's foreign currency income for bonds placements for US$ 6.156 billion.
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  • That's a lot of compliance Reuters, citing two sources familiar with the matter, says the OPEC/non-OPEC technical committee sees total August compliance at 116%.

    OPEC technical committee sees compliance in August at 116%

    That's a lot of compliance Reuters, citing two sources familiar with the matter, says the OPEC/non-OPEC technical committee sees total August compliance at 116%.
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  • *U.S. Existing Home Sales Slump 1.7% In August U.S. Existing Home Sales Slump 1.7% In August

    *U.S. Existing Home Sales Slump 1.7% In August

    *U.S. Existing Home Sales Slump 1.7% In August U.S. Existing Home Sales Slump 1.7% In August
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  • Existing home sales for August - was 5.44m - Estimates ranged from 5.35m to 5.58m

    US August existing home sales 5.35m vs 5.45m expected

    Existing home sales for August - was 5.44m - Estimates ranged from 5.35m to 5.58m
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  • UK Retail Sales Growth Accelerates In August UK retail sales increased at a faster pace in August, data from the Office for National Statistics showed Wednesday. Retail sales volume including auto fuel advanced 1 percent in August from July, the biggest growth in four months and exceeded the expected rate of 0.2 percent and July's increase of 0.6 percent. Excluding auto fuel, retail sales volume climbed 1 percent in August after rising 0.7 percent a month ago. Sales were expected to rise slightly by 0.1 percent. Year-on-year, retail sales volume growth improved to 2.4 percent from 1.4 percent. Economists had forecast a 1.2 percent increase. Sales have increased for the 52nd consecutive month. Excluding auto fuel, retail sales gained 2.8 percent versus July's 1.7 percent increase. This was much faster than the expected 1.4 percent.

    UK Retail Sales Growth Accelerates In August

    UK Retail Sales Growth Accelerates In August UK retail sales increased at a faster pace in August, data from the Office for National Statistics showed Wednesday. Retail sales volume including auto fuel advanced 1 percent in August from July, the biggest growth in four months and exceeded the expected rate of 0.2 percent and July's increase of 0.6 percent. Excluding auto fuel, retail sales volume climbed 1 percent in August after rising 0.7 percent a month ago. Sales were expected to rise slightly by 0.1 percent. Year-on-year, retail sales volume growth improved to 2.4 percent from 1.4 percent. Economists had forecast a 1.2 percent increase. Sales have increased for the 52nd consecutive month. Excluding auto fuel, retail sales gained 2.8 percent versus July's 1.7 percent increase. This was much faster than the expected 1.4 percent.
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  • UK August retail sales data now out 20 Sept And up goes the pound GBPUSD testing 1.3600 EURGBP 0.8840 down to but sellers will be poised on the overshoot.

    UK August retail sales mm 1.0% vs 0.2% exp

    UK August retail sales data now out 20 Sept And up goes the pound GBPUSD testing 1.3600 EURGBP 0.8840 down to but sellers will be poised on the overshoot.
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