Amazon eliminates almost 1,000 positions in its retail and online shopping sectors.
Amazon’s Latest Job Cuts Affecting Fewer Than 1,000 Workers Amazon is set to lay off fewer than 1,000 employees, primarily within its stores division, which supports its main e-commerce platform, as reported by Reuters. This announcement follows the company’s recent October Prime Big Deal Days sales event, which took place on Tuesday and Wednesday. These […]
Euro weakens below 1.1350 as Lagarde signals a softer stance, German Retail Sales data draws attention
During the early trading hours in Asia on Wednesday, the EUR/USD pair falls to approximately 1.3335. The Euro has weakened against the US Dollar following dovish comments from European Central Bank President Christine Lagarde. Later on Wednesday, Germany’s retail sales data for August is expected to be released. On Tuesday, Lagarde expressed concerns that rising […]
Cramer suggests purchasing this retail stock after the market misjudged its recent quarterly performance.
Wall Street’s View on Five Below According to CNBC’s Jim Cramer, Wall Street seems to be misinterpreting Five Below’s latest quarterly performance. He suggests that this misreading actually presents an opportunity for investors to buy shares at a lower price. After the discount retailer reported better-than-expected results for its fiscal second quarter and raised its […]
AUD/USD Price Outlook: Bulls target 0.7100 following weaker US Retail Sales
The Australian dollar saw an increase on Friday as disappointing US retail sales stirred concerns about the economy, leading to speculation that the Federal Reserve would hold off on raising interest rates. The AUD/USD pair gained 0.34%, reaching 0.7083. AUD/USD Price Forecast: Technical Outlook Despite showing some strength on the daily chart, AUD/USD has struggled […]
Retail sales decline unexpectedly for the first time in nine months
In July, U.S. retail sales experienced their first decline in nine months, suggesting a slowdown in consumer spending as the benefits of a large tax refund started to diminish. This unexpected decrease, reported by the Commerce Department, may also be linked to Amazon moving its Prime Day from July to June, along with various promotions […]
Canadian Dollar declines as traders prepare for US Retail Sales numbers
USD/CAD Recovery Amid Rising Tensions The USD/CAD currency pair bounced back to approximately 1.4045, breaking a seven-day losing streak in early European trading on Thursday. There’s a noticeable sense of caution in the markets, particularly with increasing tension in the Middle East and the impending release of U.S. retail sales figures for June. U.S. Central […]
Stock futures remain mostly steady as traders anticipate retail sales and job figures: Live updates
Stock Market Update Traders were actively engaged at the New York Stock Exchange on July 15, 2026. As of Wednesday night, U.S. stock futures showed little movement after a day of growth fueled by slower inflation, lower Treasury yields, and positive earnings reports. Specifically, Dow futures increased by 15 points (0.03%), aligning with the Dow […]
Swiss Franc falls before Swiss Real Retail Sales and SVME PMI information
USD/CHF Trends Amid Market Developments The USD/CHF pair has experienced upward movement for two consecutive days, trading around 0.8090 during Asian hours on Wednesday. Today’s market focus will be on the upcoming Swiss retail sales figures and the SVME Purchasing Managers Index (PMI) data. This rise in USD/CHF can be linked to the growing strength […]
Manhattan retail recovery is described as ‘strong’ despite vacant storefronts.
Manhattan Retail Report Q1 Highlights Ongoing Recovery The Real Estate Board of New York has just put out its first-quarter report for Manhattan’s retail sector, and, unsurprisingly, the main takeaway suggests that retail is bouncing back robustly. Additionally, while not part of REBNY’s analysis, WWD has reported that the luxury jeweler David Yurman is set […]
British Pound recovers from one-month low against JPY following positive Retail Sales
The GBP/JPY pair has seen continued selling pressure for the third consecutive day, but it has found some support just before hitting the one-month low that was established a day prior. This uptick followed the announcement of encouraging retail data from the UK. Despite this rebound, the price is poised for considerable weekly losses and […]