The dollar is losing ground against the Euro and the Japanese Yen Friday afternoon, but is up against the British pound. Investors were inundated with U.S. economic data this morning, after a trading week that had been extremely light on data. Once they were able to sift through the numerous reports, what they discovered was a number of disappointing results.
Retail sales in the U.S. saw a modest decrease in the month of December, according to a report released by the Commerce Department on Friday. The report said retail sales edged down by 0.1 percent in December following an upwardly revised 0.4 percent increase in November.
Economists had expected sales to come in unchanged compared to the 0.2 percent uptick originally reported for the previous month.
With utilities output showing another substantial decrease, the Federal Reserve released a report on Friday showing that U.S. industrial production fell by more than expected in the month of December. The report said industrial production dropped by 0.4 percent in December after slumping by a revised 0.9 percent in November.
Economists had expected production to dip by 0.2 percent compared to the 0.6 percent decrease originally reported for the previous month.
Reflecting steep drops in prices for food and energy, the Labor Department released a report on Friday showing that U.S. producer prices fell by slightly more than expected in December. The Labor Department said its producer price index for final demand dipped by 0.2 in December after rising by 0.3 percent in November. Economists had expected prices to edge down by 0.1 percent.
Manufacturers in New York State saw a sharp deterioration in business conditions in January, results of a key regional survey showed Friday. Results were well below what economists were predicting and marked the lowest levels in about 7 years. The figures also showed a multi-year low in optimism.
The Federal Reserve Bank of New York said that its Empire State index came in at negative 19.37 for January. This was down sharply from the reading of negative 6.21 in December. Economists had expected January’s figure to improve slightly to negative 4.
Reflecting more positive expectations for future economic growth, the University of Michigan released a report on Friday showing that U.S. consumer sentiment has improved for the fourth straight month in January.
The preliminary report said the consumer sentiment index climbed to 93.3 in January from the final December reading of 92.6. Economists had expected the index to inch up to 93.0.
Business inventories in the U.S. unexpectedly saw a modest decrease in the month of November, according to a report released by the Commerce Department on Friday. The report said business inventories dipped by 0.2 percent in November after edging down by a revised 0.1 percent in October.
Economists had expected inventories to come in unchanged, matching the reading originally reported for the previous month.
The dollar dropped to over a 2-week low of $1.0984 against the Euro Friday, but has bounced back to around $1.0935 this afternoon.
The euro area trade surplus hit a nine-month high in November as exports increased amid fall in imports, Eurostat reported Friday. The trade surplus rose to a seasonally adjusted EUR 22.7 billion from EUR 19.8 billion in October. This was the highest since February, when it totaled EUR 23.1 billion. Also, it stayed above the expected level of EUR 21 billion.
Demand and availability for unsecured lending increased notably in the fourth quarter, the latest Credit Conditions Survey from the Bank of England showed Friday.
Banks reported a significant increase in demand for unsecured lending in the fourth quarter. It was expected to increase again in the first quarter.
Demand for buy-to-let lending increased significantly in the fourth quarter, the bank said.
Meanwhile, demand for credit card lending fell notably at the end of the year, but lenders expected this to reverse in the first quarter.
Further, lenders said the availability of unsecured credit to households especially personal loans increased in the fourth quarter.
The buck has climbed to over a 5-year high of $1.4261 against the pound sterling this afternoon, from around $1.4430 this morning.
U.K. construction output dropped unexpectedly in November, figures from the Office for National Statistics revealed Friday. Construction output fell 0.5 percent month-on-month in November, reversing a 0.2 percent rise in October. Economists had forecast a 0.5 percent rise for November.
The greenback has dropped to a 5-month low of Y116.501 against the Japanese Yen Friday, from around Y117.800 this morning. The Yen is benefitting from its safe haven status on an extremely weak day for global equity markets.



Thanks very nice blog!
Pingback: gourmet hawaiian coffee
The issue with any weight loss product that is popular
is affordable imitations and charging practices that are ripoff.
However, if you do elect to work out and alter the way you’re actually patient and you eat along
with taking the supplement, you may have found the lost component you needed for
successful weight loss with Garcinia HCA.
Remember that is milligrams of HCA (Hydroxycitric Acid), not merely mgs of Garcinia Cambogia Extract.
I am really impressed with your writing skills as neatly as
with the layout for your blog. Is that this a paid topic or did you modify it
your self? Anyway stay up the nice quality writing, it is rare to
look a nice blog like this one nowadays..
Great article! We will be linking to this great post on our site. Keep up the good writing.
I’ve been surfing online more than 3 hours today, yet I never found any interesting article like yours. It’s pretty worth enough for me. In my view, if all web owners and bloggers made good content as you did, the net will be much more useful than ever before.|
I couldn’t refrain from commenting. Very well written!|
I’ll right away snatch your rss feed as I can’t find your e-mail subscription hyperlink or e-newsletter service. Do you have any? Please permit me understand in order that I could subscribe. Thanks.|
It is the best time to make some plans for the future and it is time to be happy. I’ve read this post and if I could I desire to suggest you some interesting things or suggestions. Maybe you could write next articles referring to this article. I want to read more things about it!|
It’s perfect time to make a few plans for the future and it is time to be happy. I have read this post and if I could I wish to counsel you few interesting things or advice. Perhaps you can write subsequent articles relating to this article. I wish to learn more issues about it!|
I’ve been surfing online greater than three hours today, yet I never found any fascinating article like yours. It is pretty value enough for me. In my opinion, if all site owners and bloggers made excellent content material as you probably did, the web might be much more helpful than ever before.|
Ahaa, its pleasant discussion regarding this post at this place at this web site, I have read all that, so at this time me also commenting at this place.|
I am sure this paragraph has touched all the internet visitors, its really really nice article on building up new weblog.|
Wow, this piece of writing is nice, my younger sister is analyzing such things, thus I am going to inform her.|
Saved as a favorite, I really like your site!|
Way cool! Some very valid points! I appreciate you writing this article and also the rest of the site is extremely good.|
Hi, I do believe this is an excellent website. I stumbledupon it š I may revisit once again since I book marked it. Money and freedom is the greatest way to change, may you be rich and continue to guide others.|
Woah! I’m really loving the template/theme of this blog. It’s simple, yet effective. A lot of times it’s difficult to get that “perfect balance” between superb usability and appearance. I must say you’ve done a very good job with this. Also, the blog loads super fast for me on Opera. Excellent Blog!|
These are in fact impressive ideas in on the topic of blogging. You have touched some good things here. Any way keep up wrinting.|
I enjoy what you guys are up too. This sort of clever work and coverage! Keep up the amazing works guys I’ve added you guys to our blogroll.|
Hi! Someone in my Myspace group shared this site with us so I came to take a look. I’m definitely loving the information. I’m bookmarking and will be tweeting this to my followers! Exceptional blog and superb design and style.|
I love what you guys are up too. This type of clever work and reporting! Keep up the fantastic works guys I’ve incorporated you guys to blogroll.|
Hey would you mind stating which blog platform you’re using? I’m going to start my own blog soon but I’m having a difficult time choosing between BlogEngine/Wordpress/B2evolution and Drupal. The reason I ask is because your design seems different then most blogs and I’m looking for something completely unique. P.S Apologies for being off-topic but I had to ask!|
Hey there would you mind letting me know which hosting company you’re working with? I’ve loaded your blog in 3 different web browsers and I must say this blog loads a lot quicker then most. Can you suggest a good hosting provider at a honest price? Kudos, I appreciate it!|
I like it when folks come together and share views. Great website, keep it up!|
Thank you for the good writeup. It in fact was a amusement account it. Look advanced to far added agreeable from you! By the way, how can we communicate?|
Hey there just wanted to give you a quick heads up. The text in your content seem to be running off the screen in Ie. I’m not sure if this is a format issue or something to do with browser compatibility but I figured I’d post to let you know. The layout look great though! Hope you get the issue fixed soon. Kudos|
This is a topic which is near to my heart… Cheers! Where are your contact details though?|
It’s very easy to find out any matter on net as compared to books, as I found this post at this web page.|
Does your website have a contact page? I’m having trouble locating it but, I’d like to shoot you an email. I’ve got some creative ideas for your blog you might be interested in hearing. Either way, great website and I look forward to seeing it improve over time.|
Greetings! I’ve been following your website for a long time now and finally got the bravery to go ahead and give you a shout out from Huffman Tx! Just wanted to tell you keep up the great work!|
Greetings from Idaho! I’m bored to tears at work so I decided to check out your website on my iphone during lunch break. I enjoy the knowledge you present here and can’t wait to take a look when I get home. I’m amazed at how fast your blog loaded on my cell phone .. I’m not even using WIFI, just 3G .. Anyhow, good blog!|
Its such as you read my thoughts! You seem to know so much approximately this, such as you wrote the book in it or something. I think that you could do with some percent to force the message home a bit, but instead of that, that is fantastic blog. An excellent read. I’ll definitely be back.|
I visited multiple websites except the audio feature for audio songs existing at this site is genuinely excellent.|
Howdy, i read your blog from time to time and i own a similar one and i was just curious if you get a lot of spam comments? If so how do you reduce it, any plugin or anything you can advise? I get so much lately it’s driving me crazy so any assistance is very much appreciated.|
Greetings! Very helpful advice within this article! It’s the little changes that produce the biggest changes. Thanks a lot for sharing!|
I seriously love your blog.. Very nice colors & theme. Did you create this web site yourself? Please reply back as I’m wanting to create my own personal website and would love to learn where you got this from or what the theme is called. Appreciate it!|
Howdy! This article couldn’t be written any better! Looking at this post reminds me of my previous roommate! He continually kept talking about this. I most certainly will send this post to him. Pretty sure he’s going to have a great read. Thank you for sharing!|
Whoa! This blog looks exactly like my old one! It’s on a entirely different subject but it has pretty much the same page layout and design. Outstanding choice of colors!|
There is definately a lot to find out about this subject. I love all the points you made.|
You have made some really good points there. I looked on the net to learn more about the issue and found most individuals will go along with your views on this website.|
Hello, I log on to your blogs like every week. Your humoristic style is awesome, keep doing what you’re doing!|
I just couldn’t depart your website before suggesting that I really loved the standard information an individual supply to your visitors? Is going to be again ceaselessly in order to check out new posts|
I wanted to thank you for this wonderful read!! I absolutely enjoyed every little bit of it. I have got you book marked to check out new stuff you postā¦|
What’s up, just wanted to tell you, I enjoyed this blog post. It was practical. Keep on posting!|
Hello, I enjoy reading through your post. I like to write a little comment to support you.|
I always spent my half an hour to read this blog’s posts daily along with a mug of coffee.|
I for all time emailed this website post page to all my friends, since if like to read it then my contacts will too.|
My coder is trying to convince me to move to .net from PHP. I have always disliked the idea because of the expenses. But he’s tryiong none the less. I’ve been using Movable-type on numerous websites for about a year and am nervous about switching to another platform. I have heard great things about blogengine.net. Is there a way I can transfer all my wordpress posts into it? Any help would be really appreciated!|
Hi there! I could have sworn I’ve visited this website before but after browsing through many of the articles I realized it’s new to me. Regardless, I’m certainly pleased I found it and I’ll be book-marking it and checking back often!|
Great work! This is the type of information that are meant to be shared across the internet. Disgrace on Google for now not positioning this submit upper! Come on over and visit my site . Thanks =)|
Heya i am for the first time here. I came across this board and I find It truly useful & it helped me out a lot. I hope to give something back and aid others like you aided me.|
Hello, I think your website could be having web browser compatibility problems. Whenever I take a look at your site in Safari, it looks fine however when opening in IE, it’s got some overlapping issues. I merely wanted to provide you with a quick heads up! Apart from that, wonderful blog!|
A person necessarily help to make seriously articles I would state. This is the very first time I frequented your web page and thus far? I amazed with the research you made to create this actual post incredible. Excellent process!|
Heya i’m for the primary time here. I came across this board and I in finding It truly useful & it helped me out much. I am hoping to present one thing back and aid others like you helped me.|
Howdy! I simply would like to offer you a huge thumbs up for the great info you’ve got right here on this post. I am coming back to your website for more soon.|
I all the time used to read post in news papers but now as I am a user of internet thus from now I am using net for articles, thanks to web.|
Your method of explaining the whole thing in this piece of writing is in fact pleasant, every one be able to without difficulty understand it, Thanks a lot.|
Hi there, I discovered your web site by means of Google while looking for a comparable topic, your web site got here up, it looks good. I have bookmarked it in my google bookmarks.
Hi there, simply became aware of your blog through Google, and found that it is truly informative. I’m gonna watch out for brussels. I will be grateful in case you continue this in future. Many other people can be benefited out of your writing. Cheers!|
I am curious to find out what blog platform you’re using? I’m having some minor security issues with my latest website and I’d like to find something more secure. Do you have any recommendations?|
I’m extremely impressed with your writing skills as well as with the layout on your blog. Is this a paid theme or did you modify it yourself? Either way keep up the excellent quality writing, it is rare to see a great blog like this one these days.|
I’m extremely impressed with your writing abilities as smartly as with the structure for your blog. Is that this a paid theme or did you customize it yourself? Anyway stay up the nice high quality writing, it is uncommon to look a great weblog like this one these days..|
Hello, Neat post. There is a problem along with your site in web explorer, could check this? IE nonetheless is the marketplace leader and a big part of other folks will leave out your great writing because of this problem.|
I’m not sure where you’re getting your information, but good topic. I needs to spend some time learning more or understanding more. Thanks for wonderful information I was looking for this info for my mission.|
Hi, i think that i saw you visited my website so i came to āreturn the favorā.I’m attempting to find things to improve my web site!I suppose its ok to use {some of|a few o\
Please make sure to note that the information in this article
relates particularly to Sun-Mar composting toilet systems.
Keep your system as basic as feasible making it cost effective as well as worthwhile.