Pound Sterling falls below 1.3450 ahead of US Retail Sales and PPI reports
The GBP/USD pair is hovering around 1.3425 in negative territory during the Asian trading session on Wednesday, primarily due to renewed demand for the US dollar. Traders are preparing for upcoming U.S. retail sales and producer price index data later in the day. According to the Bureau of Labor Statistics (BLS), the U.S. Consumer Price […]
Manhattan retail spaces remain empty despite excitement from brokers and business areas.
January Retail Leasing in Manhattan: A Mixed Reality January is typically a hopeful month for Manhattan’s retail leasing sector. Big brokers and business improvement groups want to convince us that long-empty storefronts are being filled at a rapid pace, and that tenants who wait too long might miss out. However, the reality seems a bit […]
GameStop shuts down additional locations as the decline of retail persists
GameStop Closes More Stores in 2026 GameStop, once a leading video game retailer, is intensifying its store closures in 2026. The company announced plans to shut down 590 locations across the country in fiscal year 2024, along with a “significant number” of additional closures in fiscal year 2025, which wraps up in January 2026. Specific […]
Is Interest in Crypto Cooling Off? US Searches Drop as Retail Investors Hold Back
Declining Interest in Cryptocurrency Search interest for the term “crypto” has dropped to levels not seen in a year, showing a notable decrease in curiosity among retail investors as we near the end of 2025. According to a recent Google Trends analysis, global interest is currently at 26 on a scale of 0 to 100, […]
Holiday Shopping Boost Hidden by Auto and Housing Weakness in October Retail Sales
U.S. Retail Sales Insight for October Retail sales in the U.S. remained nearly unchanged in October, which may not reflect the underlying consumer strength, especially as many Americans began their holiday shopping early, even before Halloween. According to the Census Bureau, retail and food service sales reached $732.6 billion in October, virtually the same as […]
We are lowering our rating on a retail stock, and Evercore starts coverage with buys on two stocks.
Market Recap and Key Insights This morning’s “Morning Meeting” livestream from Jim Cramer’s CNBC Investment Club provided some insights into Monday’s market performance. The S&P 500 faced a dip as investors shifted focus from tech stocks to value-driven investments. For instance, shares of Broadcom dropped more than 4%, while financial powerhouses like Wells Fargo and […]
New York City sees record low shootings, safer subways, and a 20% drop in retail theft as Zohran Mamdani takes office.
Crime Rates in NYC Show Significant Declines It’s a positive landscape for New York City, and Zoran Mamdani, the incoming mayor, has some challenges ahead to maintain it. Gun violence, homicides, and shoplifting are all reported to be at record lows, which, experts say, should inform Mamdani’s approach to governance, as indicated by various analysts. […]
Are Bitcoin Whales Taking Control as Retail Investors Disappear?
Bitcoin Price Recovery and Investor Activity Recently, ETF investors have been more engaged in the market. Bitcoin has notably bounced back—about $10,000—in the last week, recovering from a multi-month low of just under $81,000 to over $93,000 on Friday, before settling around $91,000. As for who’s driving this surge, it seems to be largely driven […]
What is the timing of German Retail Sales and how might they impact EUR/USD?
In October, German retail sales saw an increase of 0.9% year-on-year, which is a notable rise compared to market expectations of just 0.2%. This follows a revised increase of 0.8% from September, which was initially reported as 0.2%. However, on a monthly basis, retail sales dropped by 0.3% in October, following a revised 0.3% increase […]
Retail profits, emerging AI leaders, Amazon’s $50 billion investment and additional insights in Morning Briefing
On October 10, 2025, a Dick’s Sporting Goods store logo was visible in San Diego, California. Here are five key points investors should consider as they begin their trading day. 1. Financial Updates This morning, several major retailers released their financial results, offering fresh consumer insights just ahead of Black Friday. The announcements followed a […]