The week started on a mixed note. In Europe, the retreat in European bond yields gave a certain relief to equity indices, allowing the Stoxx 600 to keep floor above the 50-DMA, while major US indices failed to maintain earlier optimism – fueled by news that Washington reportedly proposed a temporary waiver on sanctions. The […]
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Sterling softened after the latest UK labor market data reinforced expectations that the Bank of England is likely to adopt a more patient near-term stance on interest rates. The sharp decline in payroll employment, rising Read more…
Walmart has spent years trying to turn its massive store footprint into a delivery advantage. Now that Amazon is pushing shoppers to expect groceries and household essentials in as little as 30 minutes, Walmart is Read more…
Fundamental Background As a result of the military conflict between the United States and Iran, the combined volume of halted oil production in Iraq, Saudi Arabia, Kuwait, the UAE, Qatar and Bahrain reached 10.5 million Read more…