查询最新汇率，请致电 626-279-3235 联系外汇部。
November 27, 2023
British Pound traded at 1.2607 against USD at 9:00 am PST.
U.K. retailers expect sales to fall for the eighth straight month in December. Still, the decreasing pace is forecasted to slow amid an uptick in sentiment, survey results from the Confederation of British Industry showed. The retail sales balance rose to -11% in November from -36% in October, the Distributive Trades Survey results revealed. Only a net 6% forecast sales to fall again in the festive period. Confidence among retailers recovered in November, with the corresponding balance rising to +4% from -14% in August. A net 11% of retailers plan to reduce investment over the coming twelve months, which was better than -25% in the previous survey period.
Further, a balance of -11% reported a reduction in headcount compared to -20% in the prior period. The survey suggested that retailers' selling prices grew rapidly the year to November. Retailers expect prices to rise again at a similar pace next month. 11/27/2023 - 08:27:00 (RTTNews)
German export expectations improved in November, survey data from the ifo institute showed. The ifo export expectations indicator climbed to minus 3.8 points in November from minus 6.3 points in October. The survey showed that exports are expected to improve only in a few industries. While companies in the food industry are optimistic about the months ahead, printing companies remain the most pessimistic. Clothing manufacturers expect to ramp up their exports. In the automotive industry, positive and negative responses are roughly in balance, the ifo said. Manufacturers of machinery, equipment, and of electrical goods expect a fall in international orders. 11/27/2023 - 06:03:00 (RTTNews)
China Yuan traded at 7.1528 against USD at 9:00 am PST.
China’s industrial profits continued to increase in October, albeit at a slower pace, the National Bureau of Statistics said Monday. Industrial profits grew 2.7% on a yearly basis in October. The increase slowed notably from the 11.9% rise posted in September. From January to October, industrial profits decreased 7.8% from the same period last year. Nonetheless, data showed this was slightly slower than the 9% decline seen in the first nine months of the year. 11/27/2023 - 00:21:00 (RTTNews)
Hong Kong Dollar traded at 7.7915 against USD at 9:00 am PST.
Hong Kong's trade deficit increased in October from a year ago as imports rose faster than exports, data from the Census and Statistics Department showed. The visible trade deficit rose to HK$25.8 billion in October from HK$20.9 billion in the same month last year. In September, the trade deficit was HK$64.5 billion. The visible trade gap of HK$25.8 billion was equivalent to 6.3% of the value of imports. The annual increase in exports was 1.4% in October versus a 5.3% fall in September. Exports to the Mainland and the United States rose, while those to the European Union continued fell notably. Total exports to Asia as a whole climbed by 5.2%. Within this, shipments to Singapore surged by 28.6%, followed by Vietnam with a 15.2% increase. Imports rose 2.6% annually in October, in contrast to the 0.4% decline in the previous month.