Starting on Tuesday have data for US New Home Sales. A rise of 420,000 is predicted. New Zealand is set to announce its rate decision also Tuesday. While analysts are expecting the rate to rise some time later this year, no change is forecast just yet. The rate will probably remain at 2.5%.
Japanese retail sales fell 2.6 percent in August from a year earlier, down for the first time in three months, as a rebound from the March earthquake looks to have run its course.
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British retail sales fell slightly less than expected in August, but the underlying trend remained flat, as consumers continued to rein in spending at a time of great economic uncertainty, official data showed on Thursday.
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Japanese retail sales rose 0.7 percent in July from a year earlier to mark their second straight month of increases, government data showed on Tuesday, as consumer spending recovers following a large earthquake, tsunami and a nuclear crisis in March.*
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"The environment for food retailing is pretty good in Australia at the moment. We are attracting around two million more customers into our stores every week," Richard Goyder, chief executive at Wesfarmers, told CNBC.
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"We have some disappointing developments in Russia. Sales have not been growing, and it is clearly because Russian consumers are taking longer to adjust to higher prices," Jorgen Buhl Rasmussen, CEO at Carlsberg, told CNBC.
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Discussing the rally in Treasuries despite a possible downgrade, with Scott Minerd, Guggenheim Partners CIO, and a look at GM sales, with Don Johnson, General Motors vice president of U.S. sales, and CNBC's Phil LeBeau.
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Japanese retail sales rose for a second straight month in May compared with the previous month, signaling that consumers are more willing to spend as sentiment gradually recovers from the devastating earthquake in March.*
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Japanese retail sales rose for a second straight month in May compared with the previous month, signaling that consumers are more willing to spend as sentiment gradually recovers from the devastating earthquake in March.*
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