Amazon sees profits and sales surge

Amazon reports a profit of $513m in its first quarter, helped by a 28% jump in sales. Related Posts:GBP/USD. May 7th. The pound feels a surge of strength ahead… May 7, 2024 On the hourly chart, the GBP/USD pair executed a new…Amazon earnings set for AI-driven cloud and ads boost –… April 25, 2024 Amazon.com […]

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Rebellion over executive pay grows

A shareholder revolt over excessive executive pay hits Weir Group, Shire, Standard Chartered and Reckitt Benckiser. Related Posts:CFTC report: faith in the dollar grows stronger April 30, 2024 The net long USD position increased by 7.2 billion to…

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VIDEO: Steel at heart of Wales election

With one week of polling left in the Welsh Assembly Elections the steel industry is dominating the campaign. Related Posts:Video market update for May 08, 2024 May 8, 2024 Potential for the further drop on BTCUSDThe material has been…Video market update for May 07, 2024 May 7, 2024 Potential for the rally on Dollar INdex… […]

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VIDEO: City views on the EU referendum

BBC Breakfast’s Steph McGovern takes a look at where the financial services industry stands on Britain’s membership of the EU. Related Posts:Video market update for May 08, 2024 May 8, 2024 Potential for the further drop on BTCUSDThe material has been…Video market update for May 07, 2024 May 7, 2024 Potential for the rally on […]

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Ford profit doubles on European sales

Ford reports a record quarterly profit following strong sales in Europe and moving more pick-up trucks and SUVs in North America. Related Posts:Analysis of GBP/USD. April 15th. Retail sales in the USA… April 15, 2024 The wave analysis for the GBP/USD pair remains quite complex,…Will US retail sales add juice to the dollar’s rally? –… […]

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India asks UK to deport Vijay Mallya

The Indian government has asked the UK to deport Vijay Mallya, the former head of Kingfisher Airlines, who is thought to be in London.

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VIDEO: Workers on National Living Wage worse off

Some companies are reforming their “pay and reward structures” to offset the cost of introducing the National Living Wage, leaving their workers worse off. Related Posts:Video market update for May 08, 2024 May 8, 2024 Potential for the further drop on BTCUSDThe material has been…Video market update for May 07, 2024 May 7, 2024 Potential […]

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US economic growth slows to 0.5%

US economic growth slowed to an annual pace of 0.5% during the first three months of the year, official figures show. Related Posts:Growth continues: Wall Street in green for third day in a… May 7, 2024 American stock indices ended trading higher on Monday, marking their…Outlook for GBP/USD on April 30. Another baseless growth… April […]

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Drugs firms announce deals worth £24bn

Consolidation continues in the pharmaceutical industry as both Abbott Laboratories and Sanofi announce multibillion dollar expansion efforts. Related Posts:GBP/USD: trading plan for the US session on May 8th… May 8, 2024 In my morning forecast, I paid attention to the level…EUR/USD: trading plan for the US session on May 8th… May 8, 2024 In my […]

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VIDEO: Sorrell ‘not embarrassed’ by success

WPP chief executive Sir Martin Sorrell has defended his pay package and the success of WPP, the advertising giant he founded in 1985. Related Posts:Video market update for May 08, 2024 May 8, 2024 Potential for the further drop on BTCUSDThe material has been…Video market update for May 07, 2024 May 7, 2024 Potential for […]

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FTSE 100 lower as Lloyds shares fall

The FTSE 100 drops nearly 1%, with shares in Lloyds lower after the bank reports a fall in first-quarter profits. Related Posts:Technical Analysis – US 500 index might hit lower levels… May 1, 2024 US 500 index exposed to more downside after Tuesday’s pullback…Outlook for EUR/USD on April 25. Euro may rise and fall at… […]

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Airbus profit hit in ‘challenging year’

Airbus reports lower profits and warns of mounting costs on its A400M military aircraft and delays to its A350 and A320neo airliners. Related Posts:Technical Analysis – Apple stock bounces off 1-year low April 29, 2024 Apple stock has been in a steady downtrend in 2024 But rebounds…Technical Analysis – USDJPY plummets after 34-year high of… April 29, 2024 USDJPY […]

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Lloyds Bank profits hit by bond buyback

Lloyds Banking Group says first quarter profits nearly halved after being hit by the cost of buying back high income bonds. Related Posts:Market Comment – Pound slides ahead of Bank of England… May 9, 2024 BoE meeting in the spotlight today – likely to downplay…Outlook for GBP/USD on May 9. The pound flat ahead of […]

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Pension hole deters Tata Steel buyers

Potential buyers of Tata Steel UK have said they would not be willing to take on the company’s pensions liabilities, Business Secretary Sajid Javid says. Related Posts:Outlook for EUR/USD on April 11. The buyers waved a white… April 11, 2024 Analysis of EUR/USD 5M EUR/USD plummeted on Wednesday. The euro…

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Superfast broadband take-up ‘slow’

Tests on 42 towns and cities across the UK suggest almost half have average broadband speeds below 24Mbps. Related Posts:Overview for the GBP/USD pair on April 24th. Dave Ramsden… April 24, 2024 The GBP/USD currency pair corrected upwards on Tuesday after falling…

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UK house price growth slows in April

UK house price growth slowed in April, following the surge of buying in March, according to the Nationwide Building Society Related Posts:Technical Analysis of Intraday Price Movement of Litecoin… May 8, 2024 With the appearance of hidden deviations between the price movement…Technical Analysis of Intraday Price Movement of AUD/JPY… May 8, 2024 If we look […]

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VW to pay chiefs £49m despite losses

Twelve current and former Volkswagen managers will be paid about £49m for 2015 despite record losses. Related Posts:Technical Analysis – USDJPY erases losses, but risks remain May 1, 2024 USDJPY erases latest decline to test critical resistance Technical signals…EUR/USD: trading plan for the US session on April 19th… April 19, 2024 In my morning forecast, […]

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Lego admits ‘mistake’ in Ai Weiwei row

Lego’s decision to reject Chinese artist Ai Weiwei’s request for a bulk order of its bricks last year was a “mistake”, the toy company admits.

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Japan holds rates in surprise move

Japanese shares fell and the yen surged after the Bank of Japan decided against any extra monetary easing. Related Posts:Analysis of GBP/USD pair on May 7th. The market fluctuates,… May 7, 2024 The wave analysis for the GBP/USD pair remains quite complex.…Defensive strategies key as Fed holds rates steady May 6, 2024 As the US […]

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Playstation sales boost Sony profits

Japan’s Sony reports full-year profits of $1.4bn as Playstation sales help to turn around the company’s fortunes. Related Posts:Amazon earnings set for AI-driven cloud and ads boost –… April 25, 2024 Amazon.com will unveil its Q1 results on Tuesday after the…Analysis of GBP/USD. April 15th. Retail sales in the USA… April 15, 2024 The wave […]

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Nintendo to sell Seattle Mariners stake

Japanese gaming company Nintendo says it plans to sell its majority stake in US baseball team Seattle Mariners. Related Posts:Trading Signals for BITCOIN (BTC/USD) for May 7-9, 2024:… May 7, 2024 Bitcoin is trading around 63,588, below the 200 EMA, and…Trading Signals for EUR/USD for May 6-8, 2024: sell below… May 6, 2024 EUR/USD is […]

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China’s push for driverless cars accelerates

China’s push for driverless cars accelerates Related Posts:Geopolitical developments and stronger US data push… April 16, 2024 Volatility remains extremely high across the FX spectrum Commodities volatility…China’s Q1 GDP growth next on the Asian calendar – Preview April 15, 2024 China’s Q1 GDP to fall below 5.0% on Tuesday at…Weekly Forex Outlook: 12/01/2024 – China […]

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