Category: Sales
-
Reckitt’s baby formula sales to take hit after tornado destroys warehouse By Reuters
•
Written by Richa Naidu and Yadarisa Shabong Reckitt Plc said Wednesday that short-term sales of some of its Mead Johnson infant formula products are likely to be affected after a tornado hit a third-party warehouse in Indiana, causing extensive damage. The Mount Vernon warehouse, which is currently out of operation…
-
Daily FX Market Review: Cha-Ching! Retail Sales Surprise Sends Dollar Higher
•
The US dollar rose for the second day in a row due to stronger-than-expected US retail sales. While overall retail sales remained unchanged.Retail sales excluding automobiles U.S. retail prices rose 0.4% in June. Yes, American shoppers were back on track in June, spending more on everything except cars. This rapid…
-
US stocks rise amid rate cut cheer; retail sales flat in June By Investing.com
•
U.S. stocks rose on Tuesday, extending gains from the previous session amid growing optimism about interest rate cuts, as retail sales failed to grow in June. At 09:35 ET (13:35 GMT), the S&P 500 was up 235 points, or 0.6%, up 18 points, or 0.3%, and gaining 70 points, or…
-
US June retail sales 0.0% versus -0.3%
•
Previous month 0.1% revised to +0.3% Retail sales were $704.3 billion, compared to $704.5 billion the previous month. details: Retail Sales 0.0% vs. -0.3% Estimate Retail sales YoY +2.3% Previous cars 0.4% vs. 0.0% estimates Previous excluding autos -0.1% revised to 0.1% Control group 0.9% vs. 0.2% estimate Control group…
-
US June retail sales 0.0% versus -0.3%
•
Previous month 0.1% revised to +0.3% Retail sales were $704.3 billion, compared to $704.5 billion the previous month. details: Retail Sales 0.0% vs. -0.3% Estimate Retail sales YoY +2.3% Previous cars 0.4% vs. 0.0% estimates Previous excluding autos -0.1% revised to 0.1% Control group 0.9% vs. 0.2% estimate Control group…
-
US retail sales gains more attention as Japan eyes big data to intervene
•
The latest yen intervention effort is an out-of-the-ordinary move as Japan appears to be trying out a new strategy. It is relying on weaker US data to push the USD/JPY pair down in particular. Previous: Bank of Japan data suggests Japan also intervened in the foreign exchange market on July…
-
US data focus for Tuesday – June 2024 retail sales – the range of expectations to watch
•
On Tuesday at 12:30 GMT, or 08:30 EST, we will get retail sales for June 2024. Consensus forecasts are shown in the table below. This image is taken from ForexLive’s economic data calendar, You can access it here.. As for the ranges, for monthly retail sales: Data results that fall…
-
Newsquawk Week Ahead: US & UK Retail Sales, Japan, NZ, UK and Canada CPI, and ECB
•
Mon: Republican Convention, Holiday: Japanese Marine Day, Eurogroup Meeting, Eurogroup Informal meeting ofEnergy Ministers; Chinese GDP (Q2), Industrial Output/Retail Sales (Jun), Swiss PPI (Jun), US NY FedManufacturing (Jul), EZ Industrial Production (Jun); China’s Third Plenum (15-18th July) Tue: Republican Convention; German Wholesale Price Index (Jun), ZEW (Jul), EZ Trade Balance…
-
Germany’s Bitcoin Sales Will End Soon: Less Than $1 Billion Left
•
The German government transferred another 2,375 bitcoins worth about $138 million to exchanges on Thursday, continuing a months-long liquidation of seized reserves. Urgent: ?? The German government has sent 2,375 more #Bitcoin It is worth $138 million on the stock exchanges. They now have 13,000 BTC left. Hold on! ✊…
-
Uniqlo owner lifts forecast again as weak yen powers sales from tourists By Reuters
•
Written by Rocky Swift TOKYO (Reuters) – The Japanese operator of fashion giant Uniqlo on Thursday raised its forecast for what would be a third straight year of record profit, helped by strong sales at home and some overseas markets. The domestic market has been a bright spot for Fast…
-
After a surge in pandemic profits, Rolex, Patek Philippe and Audemars Piguet face a significant downturn as sales slip—extending a two-year decline
•
Prices of the most sought-after luxury watches on the secondary market fell again last month, extending a two-year decline as investors turned elsewhere after a pandemic-era rally failed. The Bloomberg Sabdial Watch Index, which tracks the 50 most-traded hours by value, fell less than 1% in June. It has fallen…
-
Pinterest strengthens UK sales team with key senior hires
•
Pinterest is strengthening its UK sales team with two new hires this summer. Caroline Orange-Northy has been appointed retail sales director, while Noreen Mohammed will take on the role of consumer packaged goods sales director. Caroline Orange Northey joins Pinterest from Amazon Ads, where she spent nine years as part…
-
SK On is said to declare ‘emergency’ as EV sales disappoint (NYSE:F)
•
Just excellent South Korean electric vehicle battery maker SK ON said it is in a crisis as its customers face weak electric vehicle sales in Europe and the United States, the Financial Times reported on Sunday. CEO Lee Suk Hee The company plans to cut costs as part of “emergency…
-
UK car market sees first million sales since pandemic, driven by hybrids over fully electric vehicles
•
The UK car market has reached a significant milestone, with new car registrations exceeding one million in the first half of 2024, the first time this has happened since pre-pandemic 2019. This renaissance includes a significant increase in the market share of electric vehicles. However, sales of plug-in hybrids and…
-
US new-vehicle sales growth slows after CDK cyberattack By Reuters
•
By Nathan Gomez (Reuters) – Major U.S. automakers reported slower sales growth in the second quarter after a cyberattack on software company CDK Systems Inc. impacted operations at several dealerships during a crucial sales period in late June. General Motors reported a 0.6% rise in new vehicle sales, compared with…
-
June sales drop 47% but there are more buyers and sellers
•
The non-fungible token (NFT) market has seen a significant decline in activity over the past month, with significant declines across various metrics. According to Crypto Slam Data: Global NFT sales volume reached $476.3 million in June, registering a 47.22% decline. The number of NFT buyers has risen to 1.259 million…
-
June sales drop 47% but there are more buyers and sellers
•
The non-fungible token (NFT) market has seen a significant decline in activity over the past month, with significant declines across various metrics. According to Crypto Slam Data: Global NFT sales volume reached $476.3 million in June, registering a 47.22% decline. The number of NFT buyers has risen to 1.259 million…
-
Nestle sees stable sales growth from Q2, CEO tells paper By Reuters
•
FRANKFURT (Reuters) – Swiss food giant Nestle is targeting stable sales volume growth from the second quarter through the rest of the year as cost inflation eases, its chief executive told the Swiss weekend newspaper Schweiz am Wochenende on Saturday. “From the second quarter and the rest of the year,…
-
NFT sales drop 12% as Ethereum dominates, Polygon surges
•
The NFT market continues to decline, with sales down 12% last week. Recall sales fell 16% over the previous week. according to CryptoSlamsales over the past seven days totaled just under $100 million and involved more than $785,000 buyers and sellers in 1.4 million transactions. Ethereum leads the pack Blockchains…
-
USD/CAD edges higher after softer retail sales data and PPI. BOC cut odds rise
•
USD/CAD 10 minutes The Bank of Canada’s July decision is shifting more decisively toward a rate cut after weak retail sales and PPI numbers today. The market now places a 73% chance of a successive cut. Retail sales matched estimates of +0.7% for April but the advance report for May…