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Market wrap: ASX falls in May 28, 2024 trading day | news com au — Australia s leading news site

Market wrap: ASX falls in May 28, 2024 trading day | news com au — Australia s leading news site
news.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from news.com.au Daily Mail and Mail on Sunday newspapers.

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Australia s Retail Industry Sees Sluggish Growth In April Amid Rising Rent

According to data released by Australian Bureau of Statistics (ABS) on Tuesday, the retail sales rose 0.1% in April from March, when they fell 0.4%, though the market prediction was a rise of 0.2%.

Ben dorberMarcel thieliantAustralian bureau of statisticsAustralian bureauReserve bank

Swiss Franc Rises Sharply Amid Middle East Tensions; EUR/CHF in Short-Term Correction?

Swiss Franc is having a significant surge today, likely due to flight to safe-haven assets amid rising tensions in the Middle East. Reports have emerged that Israeli military tanks were seen in central Rafah for the first time since the Israel Defense Forces entered the city earlier this month. This movement follows a recent missile strike by Israel on a displacement camp near Rafah, contributing to the heightened geopolitical uncertainty.

Hong kongNew zealandUnited kingdomBen dorberNeel kashkariJapan corporate service price indexConsumer expectations survey forIsrael defenseCorporate service price indexyy aprSwiss francIsrael defense forcesNew zealand dollarAustralian dollarCanadian dollarJapanese yenBritish pound

Australian retail turnover sees modest rise in April 2024

Australian retail turnover increased by 0.1 per cent in April 2024, following a 0.4 per cent decline in March 2024, as per CBS. Clothing, footwear, and personal accessory.

Ben dorberAustralian bureau of statisticsAustralian bureauSouth walesSouth australiaNews desk

Australian retail turnover edges up in April – report

Expert notes the impact of timing of events usually driving up spending

Northern territoryBen dorberJonalyn cuetoAustralian bureau of statisticsAustralian bureauSouth walesSouth australiaWestern australiaRetail trade

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