Retail Sentiment Analysis – GBP/USD, EUR/USD, and AUD/USD Updates
Monitor market sentiment, analyse position ratios, track percentage changes, and assess trading indicators to identify current bullish or bearish momentum.
Ford Pivots from EV Plans to HeavyDuty Trucks at Canada Facility
DETROIT, July 18 Reuters Ford Motor on Thursday outlined plans to use a Canadian plant it had earmarked for a future electric vehicle to instead build larger, gasolinepowered versions of its flagship FSeries pickup truck. Ford in April had already delayed the launch of the planned threerow electric SUVs at its Oakville Assembly facility from 2025 to 2027, […]
US Weekly Jobless Claims Increase more than Expected
WASHINGTON, July 18 Reuters The number of Americans filing new applications for unemployment benefits rose more than expected last week, but there has been no material shift in the labor market and the data is typically noisy in July because of summer breaks and temporary factory closures. Initial claims for state unemployment benefits increased 20,000 […]
India Cenbank Pegs Natural Rate Higher, Analysts Caution on Policy Easing
MUMBAI, July 18 Reuters India39;s central bank said on Thursday that the economy39;s natural rate of interest has increased since the pandemic and will rise further, driven by the growth of potential output, which analysts said could limit the scope to ease monetary policy. The natural rate of interest is associated with an economy operating […]
Nigeria Central Bank Sells Forex to Support Currency
ABUJA, July 18 Reuters Nigeria39;s central bank on Thursday sold the dollar at 1,450 naira to retail exchange bureaux to prop up the currency, saying that distortions in the retail market was feeding into parallel markets and widening the country39;s exchange rate premium. The naira hit a new low of 1,640 per dollar on Thursday, […]
Dark Days for Turks as Erdogan Atones for Economic Errors
After years of inflation crisis, new pain from rate hikes Policy showing successes but deepening poverty for some Retirees, workers mourn diminished living standards Test of Erdogan39;s popularity and patience with programme ISTANBUL, July 18 Reuters Many Turks feel anxious and ashamed about their eroding living standards, paying the price for President Tayyip Erdogan39;s past […]
Bridgewater now has $2bn fund run by machine learning
Bridgewater Associates launched a fund that uses machine learning as the primary basis of its decision-making. The vehicle debuted with almost $2 billion of capital from more than a half-dozen clients.
Indias JSW Infrastructure Posts Q1 Profit Fall on Higher Expenses
BENGALURU, July 18 Reuters JSW Infrastructure, India39;s secondlargest private port operator in terms of cargo handled, reported a nearly 9 fall in firstquarter profit on Thursday, hurt by higher expenses. Its consolidated net profit fell to 2.92 billion rupees about 35 million in the quarter ended June 30 from 3.21 billion rupees in the yearago […]
Amazon Prime Day Boosts US Online Sales to 14.2 bln, Adobe
July 18 Reuters Shoppers spent a record 14.2 billion online across retailers in the United States during the 48hour Amazon Prime Day event, according to a report from Adobe Analytics on Thursday. The Amazon sales event has also got retailers such as Walmart and Target launching deals to attract customers looking for steep discounts. The twoday Amazon […]
Dominos Pizza Warns of Slower Q3 Sales; Shares Fall
July 18 Reuters Domino39;s Pizza forecast sequentially slower thirdquarter comparable sales on Thursday and trimmed its target for new international store openings, sending its shares down 13. The company39;s target of opening more than 925 international outlets for the year is expected to fall short by about 275 after its Australiabased master franchisee said earlier this […]