Author: Admin
The launch of the EV maker’s robotaxi service caps a decade of promises about autonomous vehicles by Tesla CEO Elon Musk.
GBP/USD dips after UK Retail Sales slump, Dollar finds footing on trade jitters The Pound Sterling registers minimal losses during the North American session, after UK Retail Sales data disappointed investors, while the Greenback recovers some ground. Currently, the GBP/USD is trading at 1.3456, down 0.07%. Read More… Pound Sterling trades higher even as UK Retail Sales decline sharply in May The Pound Sterling (GBP) trades firmly against its major peers on Friday despite United Kingdom (UK) Retail Sales data declined sharply in May. Read More… UK Retail Sales decline 2.7% MoM in May vs. -0.5% expected The United Kingdom…
Investors brace for ‘unpredictable spillovers’ in markets after Trump announces Iran strikes
President Donald Trump announced late Saturday the U.S. had joined Israel’s attack on Iran’s nuclear sites, putting the country in the middle of a Middle Eastern war and setting up a potentially volatile market reaction.
Week Ahead 23-27th June 2025 – Highlights include: Global PMIs; inflation data from the US, Canada, Australia; BoJ Summary of Opinions Newsquawk Highlights for the Week Ahead 23-27th June 2025 MON: EZ/UK/US Flash PMIs (Jun). TUE: NBH Announcement, German Ifo (Jun), Canadian CPI (May), US Richmond Fed (Jun). WED: BoJ Summary of Opinions, CNB Announcement, PBoC MLF, Australian CPI (May). THU: Banxico Announcement, German GfK Consumer Sentiment (Jul), US Durable Goods (May), US GDP Final (Q1), US PCE Final (Q1). FRI: Japanese Tokyo CPI (Jun), UK GDP (Q1), French/Spanish Prelim CPI (Jun), EZ Sentiment Survey (Jun), US PCE (May)…
Carnival Cruise Line’s new loyalty program angers some customers. ‘One of the dumbest things I’ve ever seen.’
The cruise company is making changes that will put greater emphasis on how much its guests spend, rather than how many days they sail.
NZD/USD slips as risk aversion and central bank divergence support the Greenback.The US Dollar is supported by Middle East tensions and delayed Fed cuts, pressuring the New Zealand Dollar.NZD/USD slides below 0.6000, threatening channel support.The New Zealand Dollar (NZD) is weakening against the US Dollar (USD) on Friday, with NZD/USD slipping below the 0.6000 handle at the time of writing.A firmer Greenback and reduced liquidity due to the Matariki public holiday in New Zealand are weighing on the pair.While US markets reopened following Thursday’s Juneteenth holiday, full liquidity across both economies is expected to return by Monday.This week’s price action…
Home Depot made a buyout bid for buildings-products distributor GMS, the WSJ reported, a year after it bought SRS Distribution for over $18 billion.
While the headlines shout surplus, royalties, and record prices, the real story is about what those dollars are doing on the ground in schools, towns, and homes across regional WA. “Strong performance from the gold sector has delivered a record $739 million in gold royalties.” — WA Treasury, 2025–26 State Budget Gold isn’t just balancing the books – it’s building futures.Gold at the Heart of WA’s Economic Engine WA has recorded its seventh straight surplus, a remarkable feat in today’s volatile global economy. The 2024–25 year saw $739 million in gold royalties, with forecasts showing an upward climb to $918 million in 2025–26…
The Indian Rupee bounces back to near 86.60 against the US Dollar as the Oil price rally hits a pause.The US stated that it will decide whether to attack Iran directly in the next two weeks.This week, the Fed left interest rates steady and warned of upside inflation risks.The Indian Rupee (INR) snaps a three-day losing streak on Friday, trades higher to near 86.60 against the US Dollar (USD) during the European session. The USD/INR pair corrects after posting a fresh two-month high around 86.93 on Thursday as the Indian Rupee gains, while the Oil price struggles to extend its…
Trump officials paused, then resumed immigration raids in key economic sectors. Industry leaders say they’re still hopeful about making their case.
But one immigration expert says he doesn’t expect any longer-term administration shift on raids — and thinks maybe the pause had no real effect.