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Retailer WH Smith Suspends Funky Pigeon Online Orders after Cyber Incident

April 20, 2022
Business
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April 19 Reuters British retailer WH Smith Plc said on Tuesday it has suspended orders from its online greetings card and gift business Funky Pigeon following a cybersecurity incident last week. WH Smith, which sells books, stationery, and other items at its stores in travel hubs, said no customer payment data with Funky Pigeon was compromised […]

April 20, 2022
Business
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Rio Q1 ironore shipment and production declines Need to lift operational performance, CEO says Flags risk of a resurgence of COVID19 lockdowns in China SYDNEYBENGALURU, April 20 Reuters Rio Tinto on Wednesday reported lowerthanexpected iron ore shipments in the first quarter and warned of risks from sustained high inflation, a resurgence of COVID19 lockdowns in China […]

April 20, 2022
Finance
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Rates as of 0630 GMT Market Recap JPY keeps sinking USDJPY keeps moving higher! Verbal intervention from Bank of Japan Gov. Kuroda and Japan Finance Minister Suzuki temporarily reversed the move during Tokyo time but the pair recovered during the New York session and has since moved higher to trade over 128 for the first […]

April 20, 2022
Finance
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The dollar index passed 101, which we last saw for just over a week at the height of the lockdowns. But history suggests that this rally has roughly passed the halfway point. Except for a brief period of stock market panic in March 2020, the last time the dollar was at this level against a […]

April 20, 2022
Forecast
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The anti-risk Japanese Yen put in a dismal performance during the first quarter of 2022, particularly as March wrapped up. A majors-based Japanese Yen Index that averages JPY against USD, AUD, GBP …

April 20, 2022
Forecast
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It is difficult to tell what role the Dollar will play in the global financial system heading into the second quarter of 2022. On the one hand, traditional risk assets have held back the tide of a …

Germany 40 IG Client Sentiment: Our data shows traders are now net-short Germany 40 for the first time since Apr 05, 2022 when Germany 40 traded near 14,379.60.

Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger Germany 40-bullish contrarian trading bias.

Japanese Yen Melts as Fed and BoJ Policies Diverge. How High for USD/JPY?

The Japanese Yen is at 20-year lows against the US Dollar as the Fed and Bank of Japan go down different roads. Where to for USD/JPY?

April 20, 2022
Finance
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The pressure on the Japanese yen persists in the markets. The USDJPY has been hitting 20year highs almost daily since last week, rising 11.8 to 128.40 since early March. Since the beginning of the year, the yield spread between the 10year US and Japanese bonds has doubled to 2.7, on the back of rising US […]

April 20, 2022
Forecast
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A volatile first quarter for US equities, which grappled with not only an inflation-fighting Federal Reserve but also increased geopolitical tensions.

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Retailer WH Smith Suspends Funky Pigeon Online Orders after Cyber Incident

Rio Tinto Suffers Iron Ore Shipments Drop on COVID Delays

JPY Lower, CAD higher in Holiday Market; US housing starts

The Dollar is only Halfway Through the Hawkish Fed Rally

JPY Forecast Q2 2022: Will Inflation Surpass the Bank of Japan’s Target?

US Dollar Forecast Q2 2022: Dollar Rate Hikes, Conversion and Safety Appeal

Germany 40 IG Client Sentiment: Our data shows traders are now net-short Germany 40 for the first time since Apr 05, 2022 when Germany 40 traded near 14,379.60.

Japanese Yen Melts as Fed and BoJ Policies Diverge. How High for USD/JPY?

Japan cant Stop Yen Collapse

Equities Forecast Q2 2022: Fed Policy Remains the Biggest Risk for Equity Markets

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