Category: retail
-
Dollar rebounds ahead of PCE release; euro slips after German retail sales By Investing.com
•
Investing.com – The US dollar rose slightly in early European trade on Friday, rebounding from the previous session’s losses ahead of key inflation data, which could push future interest rate expectations. At 04:30 EST (08:30 GMT), the dollar index, which tracks the greenback against a basket of six other currencies,…
-
Analysts sees upside for EUR/GBP amid weak UK retail sales By Investing.com
•
Analysts at ING said that the currency pair appears undervalued, after UK retail sales data came in below expectations. The report released today showed a 2.7% year-on-year decline in core retail sales for April, with the underlying figure, excluding motor fuels, down 2.0%. Furthermore, March sales data was revised downward.…
-
UK retail sales the highlight of the agenda in the session ahead
•
The dollar benefited from yesterday’s US PMI data, along with a reversal in risk sentiment. US indices in particular ended with losses after starting the day brightly on the back of Nvidia’s increased profits. This leaves us with an atmosphere of caution in the final period of the week. For…
-
ETFs Surge 47% among US Retail Investors, Thanks to Millennials and Gen-Z
•
Exchange-traded funds (ETFs) are becoming increasingly popular among retail investors in the United States, with their usage rising from 31% in 2018 to 47% in 2023 and expected to exceed 50% by 2025. According to a study by Broadridge Financial Solutions Millennials and Generation Z investors are increasing their market…
-
Watch Out Boomers, the Gen T Retail Traders Are Coming
•
In a recent study conducted by Charles Schwab in the UK, a striking generation gap emerged among UK retail investors, revealing that Gen Z and millennial investors are adopting more active and open investment strategies than their older counterparts. Dedicated Forex cloud solutions with stable and fast cross-border connections capable…
-
US stock futures just higher; key inflation data, retail earnings due By Investing.com
•
Investing.com — U.S. stock index futures rose on Monday, trading in tight ranges as caution set in ahead of key inflation data, due later this week, which will likely factor into interest rate expectations. At 06:20 EST (10:20 GMT), it rose 34 points, or 0.1%, rose 6 points, or 0.1%,…
-
Newsquawk Week Ahead: Highlights include US CPI, US Retail Sales, UK and Australian Jobs
•
Next week May 13-17: He sat down: Chinese inflation (April) Monday: Eurogroup meeting, New Zealand inflation expectations (Q2) Tuesday: OPEC monthly report, German final CPI (April), UK jobs report (April/March), German ZEW survey (May), US PPI (April) married: People’s Bank of China (PBoC) Multilateral, Riksbank Minutes, IEA OMR, Australian Wage…
-
Shoplifting crackdown: Retail theft ring targeting Macy’s, other retailers busted
•
Andrei Popov Manhattan authorities have cracked down on a local cosmetics retailer for allegedly running a retail theft fencing operation, charging him and his owners with three counts of criminal possession of stolen property. Investigators raided the store and two of it storage units, and found more than $1 million…
-
What will bring back retail investors to the bourse through IPOs
•
Someone should have advised President William Ruto that targeting ten IPOs in 12 months was not only a bad idea, but also gave the wrong signal. Was it a political ploy? Another misleading marketing attempt at privatization? Part of broader political marketing? Choose what you believe but it’s been 18…