Dollar is staying largely in range after mixed retail sales data from the US. Today’s focus turns to selloff in Sterling, in particular against Swiss Franc and Euro. Yen weakens mildly after yesterday’s rebound quickly Read more…
Wondering how Apple improved the Watch SE in its second-generation? Read on for our thoughts after a week of testing. Back in 2020, Apple released the first-generation Apple Watch SE. A kind of Frankenstein’s monster Read more…
“With Figma, we believe we have a unique opportunity to usher in a new era of collaborative creativity,” said CEO Shantanu Narayen. Adobe Inc. (ADBE) – Get Adobe Inc. Report shares slumped lower Thursday after the world’s Read more…
US initial jobless claims dropped -5k to 213k in the week ending September 10, below expectation of 227k. Four-week moving average of initial claims dropped -8k to 224k. Continuing claims rose 2k to 1403k in Read more…
Retail sales bounced higher in August, thanks in part to declining gas prices, but gains were capped by hotter-than-expected inflation pressures. U.S. retail sales jumped higher last month, Commerce Department indicated Thursday, as tumbling gas Read more…
US retail sales rose 0.3% mom to USD 683.3B in August, above expectation of 0.0% mom. Ex-auto sales dropped -0.3% mom, below expectation of 0.0% mom. Ex-gasoline sales rose 0.8% mom. Ex-auto, ex-gasoline sales rose Read more…
Britain’s competition watchdog has expanded its probe into Microsoft’s $69 billion takeover of Activision into a longer ‘Phase 2’ investigation. Activision Blizzard (ATVI) – Get Activision Blizzard Inc Report shares edged lower Thursday after competition watchdogs Read more…
The euro has been besieged on several fronts this year. Having already been on the backfoot due to the widening monetary policy divergence with the United States, the euro then had to contend with the Read more…
In an environment of rising interest rates around the world, investors continue to dislike assets that have little or no yield Unlike the major indices, gold was unsuccessful in trying to find dip buyers on Read more…
The Australian dollar is showing little movement today after the solid Australian employment report. Australian employment rebounds The Australian labour market remains resilient, as indicated by a solid August employment report. The increase in employment Read more…