UK retail sales volume rose 2.9% mom in May, above expectation of 1.5% mom. More broadly, sales volumes rose by 1.0% in the three months to May 2024 when compared with the previous three months. Over the year to May 2024, volumes rose by 1.3%, and were -0.5% below their pre-coronavirus (COVID-19) pandemic level in February 2020.
You check your platform after a winning trade and notice the balance is smaller than expected — not because of a bad entry, but because fees quietly ate into profit. Brokers package costs in different ways, and a single overlooked charge can turn a sensible strategy into a money-losing exercise. That sneaky erosion is what…
Prior month 0.0% Business inventories 0.0% versus 0.0% estimate Retail inventories ex auto 0.2% versus 0.2% last month Sales: $1,913.9B • ↓ 0.4% from April 2025 • ↑ 3.1% from May 2024 Inventories/Sales Ratio: • 1.39 in May 2025 • Down from 1.41 in May 2024 Key takeaway: Sales dipped slightly month-over-month but remain up…
21Shares, an issuer of cryptocurrency exchange-traded products (ETPs), said Thursday that it has launched the 21Shares Aptos Staking ETP (APTOS) on Euronext Amsterdam and Euronext Paris. The move means it is the first-ever ETP in Europe tracking the performance of the Aptos (APT) cryptocurrency. Aptos is a layer-1 blockchain, which the company says is designed…
Gold price dips over 0.50% as improved sentiment trims haven flows after last week’s 4.86% surge. Trump postpones 50% EU tariffs to July 9, easing short-term trade war fears. Strong Chinese Gold imports and Russia-Ukraine tensions keep the bullish outlook intact. Gold price drops more than 0.50% on Monday amid the lack of demand for…
The US dollar enjoyed a second round of support yesterday as Powell’s relatively hawkish press conference continued to resonate with data-starved markets. But the conditions for another big leg higher in USD aren’t there, in our view. Meanwhile, Japan has intervened verbally to curb JPY volatility, and GBP is looking closely at Reeves’ political position…
At the end of the week, the US dollar is hovering around an eight-week low against the euro, but trading activity remains subdued. Everyone is conserving energy ahead of this evening’s May employment data from the US. These reports are expected to provide more insight into the timing of the Federal Reserve’s monetary policy easing….