Burberry warns of ‘challenging’ year

Luxury fashion firm Burberry warns of a “challenging” luxury market ahead, as sales 1% in the second half of its prior financial year. 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 […]

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Poundland sales fall amid major revamp

Poundland reports a 4.9% fall in like-for-like sales in the six months to 27 March, which it blamed partly on the disruption caused by the takeover of 99p Stores. Related Posts:Fed faces dilemma amid sticky inflation and slowing economy… April 26, 2024 Investors scale back Fed rate cut bets as inflation stays…Outlook for EUR/USD on […]

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US banks’ profits hit by oil price fall

Bank of America and Wells Fargo both report a fall in first-quarter profits after they put aside more cash to cover bad loans to energy firms. 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… […]

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Data protection laws get EU shake-up

What the EU’s new rules involve Related Posts:EUR/USD: trading plan for the US session on May 3rd… May 3, 2024 In my morning forecast, I drew attention to the level…EUR/USD. April 30th. Sellers await weak inflation data in… April 30, 2024 The EUR/USD pair on Monday retraced to the corrective level…Weekly Forex Outlook: 26/04/2024 – […]

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RBS to axe 600 jobs, says union

Royal Bank of Scotland is axing around 600 jobs at its retail bank Natwest and shutting 32 branches, trade union Unite says Related Posts:Will the post-FOMC jobs report move the dollar? – Preview May 1, 2024 US nonfarm payrolls scheduled for release on Friday 12:30 GMT…Market Comment – Stocks climb after sizzling US jobs report […]

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Doubts raised over impact of oil summit

A deal to freeze oil output, to be discussed by oil producers in Doha Qatar, would have a limited impact says the International Energy Agency. Related Posts:Behind the scenes of Wall Street’s rise: the impact of… April 8, 2024 At the end of the trading week, American stock markets…

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Green Deal ‘cost £17,000’ per household

The Green Deal – the government’s flagship energy-saving programme – cost taxpayers £17,000 for each home that was improved, a watchdog finds. 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…Technical Analysis – US 500 cash index is in […]

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Asian markets higher in Thursday trade

Asian markets hold on to gains in Thursday trade, with a boost coming from strong performance in US markets. Related Posts:Could the BoE adopt a more dovish stance on Thursday? –… May 3, 2024 The BoE meets on Thursday; no interest rate change is…Technical Analysis of Intraday Price Movement of EUR/USD… May 2, 2024 Even […]

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Music streaming boosts sales of vinyl

Almost half of the people who bought a vinyl record in the last 12 months did so after hearing it on a streaming site like YouTube or SoundCloud, new research shows. 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 […]

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VIDEO: Why buy records if you don’t have a player?

Sales of vinyl are up by more than 60% this year, but almost half of those who buy records never actually listen to them. 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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House price growth ‘set for slowdown’

UK house price inflation is set for a slowdown over the coming months, a survey by the Royal Institution of Chartered Surveyors suggests. 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 […]

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Whistleblowers fear new European law

The European Parliament is debating a bill later on Thursday that critics say threatens to turn whistleblowers into criminals Related Posts:USD/JPY: trading tips for beginners for European session on… May 8, 2024 Overview of trading and tips on USD/JPYThe price test of…USD/JPY: trading tips for beginners for European session on… May 3, 2024 Overview of […]

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Is Wall Street a problem for Hillary Clinton?

Is Wall Street a problem for Hillary Clinton? 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…Technical Analysis – GBPCAD hits a wall but bulls not ready… April 17, 2024 GBPCAD keeps knocking on 1.7238 door But bulls unable […]

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Cutting costs on gender neutral haircuts

Are haircuts still more expensive for women? Related Posts:Besides yen pairs, neutral volatility across the board ahead… April 30, 2024 Japan’s intervention spurs volatility in yen pairs, usual action elsewhere…

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VIDEO: Can Canada’s EU trade deal work for UK?

Vote Leave and Britain Stronger in Europe have been chosen as the official campaigns in the EU referendum. 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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Argentina debt deal cleared by court

Argentina moves a step closer to re-joining international borrowing markets after a 10-year absence as a US appeals court clears it to start repaying $9bn (£6.33bn) to bondholders.

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40,000 Verizon workers go on strike

On Wednesday, 40,000 Verizon workers across six US states went on strike after contract negotiations failed to produce a settlement.

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Tesco shares hit by warning on outlook

Tesco’s shares close down almost 8% after its chief executive Dave Lewis warned that profit improvement would slow in the first half of this year. Related Posts:Outlook for GBP/USD on May 9. The pound flat ahead of the… May 9, 2024 Analysis of GBP/USD 5M On Wednesday, GBP/USD did not make…Outlook for EUR/USD on May […]

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EU to harvest more air passenger data

EU to boost air passenger data collection Related Posts:EUR/USD: trading plan for the US session on May 3rd… May 3, 2024 In my morning forecast, I drew attention to the level…EUR/USD. April 30th. Sellers await weak inflation data in… April 30, 2024 The EUR/USD pair on Monday retraced to the corrective level…Weekly Forex Outlook: 26/04/2024 […]

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Crisis plans of big US banks rejected

US regulators reject the plans of five big US banks for shutting down their operations in the event on a crisis. Related Posts:USD/JPY in crisis April 18, 2024 154.80 is the new price ceiling for USD/JPY. On the…Bitcoin will thrive during supply crisis April 12, 2024 What will happen with Bitcoin? The answer to this […]

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Former Rockstar boss sues firm for $150m

Leslie Benzies, one of the driving forces behind video game series Grand Theft Auto, is suing its developers for $150m (£105.62m).

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IMF concerned over financial stability

The risks to global financial stability have increased according to the International Monetary Fund. Related Posts:Market Comment – Dollar enjoys a bid; stocks concerned about… May 1, 2024 Fed meeting in the spotlight; equities under pressure Dollar strength…Financial future on the horizon: US stocks rise ahead of… April 10, 2024 On Tuesday, ahead of the […]

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JP Morgan profit falls on US oil loans

JPMorgan Chase has reported a 6.7% drop in quarterly profits as it set aside more funds to cover potential losses at oil and gas companies. Related Posts:Technical Analysis – NZDUSD falls back towards 5-month low May 1, 2024 NZDUSD declines sharply after rebound falters Price approaches is lowest level…Technical Analysis – Meta stock falls below 50-SMA ahead of… April 23, […]

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First oil flows from Solan field

Premier Oil announces that its Solan field west of Shetland has produced its first oil, following a series of delays.

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Post Office moves branches to WH Smith

The Post Office plans to move up to 61 more branches into WH Smith stores over the next year. Related Posts:Will the post-FOMC jobs report move the dollar? – Preview May 1, 2024 US nonfarm payrolls scheduled for release on Friday 12:30 GMT…Technical Analysis – Netflix stock moves within narrow range… April 18, 2024 Netflix […]

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Buy-to-let surge to subside say lenders

This year’s surge in buy-to-let lending is expected to subside after this month’s tax changes, the Council of Mortgage Lenders (CML) says. 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…

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Reiss sold to US private equity firm

Upmarket fashion chain Reiss has sold a majority stake to private equity firm Warburg Pincus. Related Posts:Market Comment – US dollar on the back foot as nervousness… April 18, 2024 Euro edges higher despite continued hawkish commentary from Fed officials…Can Q1 earnings season refuel the equity market rally? –… April 7, 2024 Earnings parade unofficially starts […]

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