German Retail turnover in August 2014: +0.1% in real terms on August 2013

According to provisional results of the Federal Statistical Office (Destatis), retail turnover in August 2014 in Germany increased 0.1% in real terms and 0.6% in nominal terms compared with the corresponding month of the previous year. The number of days open for sale was 26 in August 2014 and 27 in…

Excerpt from:
German Retail turnover in August 2014: +0.1% in real terms on August 2013

German Retail turnover in August 2014: +0.1% in real terms on August 2013

According to provisional results of the Federal Statistical Office (Destatis), retail turnover in August 2014 in Germany increased 0.1% in real terms and 0.6% in nominal terms compared with the corresponding month of the previous year. The number of days open for sale was 26 in August 2014 and 27 in…

Excerpt from:
German Retail turnover in August 2014: +0.1% in real terms on August 2013

Smog Clouds Shanghai’s Drive to Become Global Financial Center

Shanghai is cracking down on polluters with the introduction of stricter fines to combat the hazardous smog levels that are testing its drive to become a global financial center. Beginning tomorrow, the city will boost the maximum penalty for pollution fivefold to 500,000 yuan ($82,000). Repeat o…

View original here: 
Smog Clouds Shanghai’s Drive to Become Global Financial Center

Smog Clouds Shanghai’s Drive to Become Global Financial Center

Shanghai is cracking down on polluters with the introduction of stricter fines to combat the hazardous smog levels that are testing its drive to become a global financial center. Beginning tomorrow, the city will boost the maximum penalty for pollution fivefold to 500,000 yuan ($82,000). Repeat o…

View original here: 
Smog Clouds Shanghai’s Drive to Become Global Financial Center

Japan real wages fall at faster pace, cast doubt on consumption

Japan’s real wages fell at a faster annual rate in August, government data showed, in a discouraging sign that consumer spending could suffer as salary gains fail to keep up with inflation. Real wages, which are adjusted to reflect changes in consumer prices, fell 2.6 percent in August from a yea…

Go here to see the original:
Japan real wages fall at faster pace, cast doubt on consumption

HSBC China Manufacturing PMI continue to improve at fractional pace

September data signalled only a fractional improvement in overall operating conditions faced by Chinese manufacturers that was identical to that seen in August. Production increased at the slowest pace in the current four-month sequence of expansion, while job shedding across the sector ex…

Go here to see the original:
HSBC China Manufacturing PMI continue to improve at fractional pace

John Hussman: Diverging market forces could be ‘ingredients of a market crash’

Fund manager and prominent bear John Hussman is warning investors once again of the potential for a big market plunge, citing a number of troubling divergences in market conditions. And he argues that when it comes, investors will be hard pressed to exit with profits intact. He writes, in his…

View original post here: 
John Hussman: Diverging market forces could be ‘ingredients of a market crash’

Stocks under pressure and US dollar stronger in an aggressive days trade

Volatility breeds volatility Benoit Mandlebrot taught us. So it’s no surprise that the saw tooth pattern we saw last week continued in the first day of trade this week. What might be surprising – given the performance of Asia shares – is what the supposed catalyst for the selling was. That i…

Read the rest here:
Stocks under pressure and US dollar stronger in an aggressive days trade