Discover today's news
Our renowned analysis brings you the latest opinions and commentaries to keep ahead of the markets. Start your trading day with technical insights into the financial sector.
Greenback’s recovery hinges on strong U.S retail sales number
U.S retail sales data for the month of June headlines the economic calendar this week, with most economists predicting that U.S retail sales will expand by a modest 0.3 percent. U.S retail sales have been increasingly difficult to predict, with the headline number fluctuating between positive and negative for several months. Federal Reserve Chair Jerome[…]
U.S Dollar falters as ‘insurance cut’ remains on the cards
The U.S Dollar Index continues to move lower as financial markets once again started to price-in a series of ‘insurance cuts’ from the Federal Reserve, following the conclusion of Federal Reserve Chair Jerome Powell’s two-day semi-annual testimony. The overwhelmingly bearish FOMC meeting minutes and a host of dovish Federal Reserve speakers also helped to push[…]
Is Amazon’s share price heading for new all-time highs?
Consumer protection is a major concern in Germany. This is why a German consumer protection organisation felt compelled to take legal action against Amazon. The issue was whether an online retailer had to provide its customers with a contact option via a telephone hotline. Yesterday, the European Court of Justice ruled in favor of Amazon.[…]