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Pound Sterling gains as UK monthly Retail Sales beat estimates
The Pound Sterling (GBP) attracts bids against its peers on Friday after the release of the upbeat United Kingdom (UK) Retail Sales data for July. The Office for National Statistics (ONS) reported that Retail Sales, a key measure of consumer spending, surprisingly grew at a faster pace of 0.6% on a
Fxstreet
Fri, Sep 5
Lululemon’s Third Straight Miss: Blaming Tariffs, But the Real Problem Is Fading Brand Power
TradingKey - Athleisure brand Lululemon Athletica released its Q2 2025 earnings after the market close on Thursday. Despite beating earnings-per-share expectations, disappointing results once again shattered investor confidence — including tariff risks, weakening U.S. consumer appeal, and
TradingKey
Fri, Sep 5
EUR/GBP faces headwinds near 0.8650 following UK Retail Sales, Eurozone GDP eyed
EUR/GBP continues its losing streak for the third successive session, trading around 0.8670 during the Asian hours on Friday. The currency cross faces some headwinds after the release of mixed Retail Sales data from the United Kingdom (UK). Focus shifts toward the Eurozone Gross Domestic Product (GD
Fxstreet
Fri, Sep 5
Broadcom Soars 6% After Hours — OpenAI’s $10 Billion Order Finally Revealed
TradingKey - Semiconductor giant Broadcom (AVGO.US) surged nearly 6% in after-hours trading on Thursday, extending its strong year-to-date performance. The rally followed a better-than-expected earnings report and the revelation of a major new customer: OpenAI, the developer of ChatGPT.
TradingKey
Fri, Sep 5
Japanese Yen rises on strong data, USD pressured by Fed rate cut bets ahead of US NFP
The Japanese Yen (JPY) strengthened against its American counterpart during the Asian session on Friday in response to upbeat domestic data, which showed that real wages turned positive for the first time in seven months.
Fxstreet
Fri, Sep 5
The “Fed Independence Trade” Is Heating Up — Goldman and JPMorgan Offer an Investment Guide
TradingKey - The global selloff in long-term bonds has ignited the so-called “Fed independence trade,” with JPMorgan analyzing asset performance for clues, and Goldman Sachs forecasting gold prices could reach $5,000 per ounce.
TradingKey
Thu, Sep 4
Challenger Job Cuts Hit Highest August Level in 5 Years, Hiring Plans at Record Low
TradingKey - After Wednesday’s weaker-than-expected JOLTS job openings data, another employment report has painted a bleak picture of the U.S. labor market: Challenger August job cuts reached the highest level since 2020, while announced hiring plans hit the weakest level ever recorded for the monthTradingKey
Thu, Sep 4
Trump Tariffs: The Sole Lifeline for U.S. Bonds Faces Potential Disruption with Court Ruling
TradingKey - In a global environment where long-term bond yields remain elevated, traders have turned to the revenue generated from Trump's tariffs as a crucial support for U.S. fiscal stability, viewing it as a key pillar for the bond market. However, last Friday, a U.S. appeals court declared muchTradingKey
Thu, Sep 4
Nidec Plunges 22% on Accounting Scandal Fears, Marking Worst Drop on Record
TradingKey - Nidec, Japan's precision motor manufacturing giant, saw its shares experience the most severe single-day plunge in recorded history on Thursday, tumbling over 22% to close at 2,420 yen — a 700-yen drop from the previous trading day. The stock collapse stemmed from widespread market...TradingKey
Thu, Sep 4
“EV King” Losing Steam? BYD To Cut 2025 Sales Target by 16%, Slowest Growth Since 2020
TradingKey - According to Reuters, BYD (1211.HK), the global electric vehicle giant, has held multiple internal discussions in recent months about lowering its 2025 EV sales target, potentially cutting the full-year goal from the previously stated 5.5 million units to 4.6 million, a 16% reduction.TradingKey
Thu, Sep 4
Salesforce Shares Plunge 6% Despite Strong Earnings, as AI Looms Large
TradingKey - On Wednesday, September 3, Salesforce (CRM), a leader in customer relationship management software, released its Q2 earnings for fiscal year 2026. The company reported double-digit growth in both revenue and earnings, surpassing expectations. Yet, a weak revenue outlook for the current
TradingKey
Thu, Sep 4
Nasdaq raises listing standards for Chinese companies entering U.S. markets
Nasdaq announced plans on Thursday to revise its listing rules in a bid to solidify its commitment to capital investment. The initiative also aims at ensuring investor protection while maintaining market integrity.Cryptopolitan
Thu, Sep 4
Trump Family's American Bitcoin Stock Rises 3% After Soaring 17% in Previous Trading Day
The Trump family's American Bitcoin stock rose 3% after soaring 17% on the previous trading day.A bitcoin company tied to President Donald Trump's two oldest sons more than doubled in value in its stock market debut on Wednesday, valuing the sons' stake at well over $1.5 billion as the first familTiger News
Thu, Sep 4
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