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Discover the latest and most vital updates in the world of forex trading. Enhance your trades with the latest insights. Fresh news and market analysis.

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Thu, 29 May 2025 09:30:03 GMT

Unemployment in Germany rises

Germany's jobless count hit 2.96M in May, the highest since 2010. Unemployment stayed at 6.3% as weak manufacturing drives the rise, but fiscal hopes grow.

Thu, 29 May 2025 06:30:05 GMT

Macy's cut profit forecast

Macy's cut its 2025 profit forecast amid tariff uncertainty, cautious spending, and rising competition, now expecting $1.60–$2.00 EPS vs. $2.05–$2.25 prior.

Thu, 29 May 2025 03:30:06 GMT

Target cuts full years outlook

Target cut its full-year sales outlook as Q1 sales fell 3% amid weak spending, tariff worries, and DEI backlash. CEO vows improvement as shares slump 37%.

Wed, 28 May 2025 21:30:06 GMT

Tesco fights shoplifting with AI

Tesco adds AI to self-checkouts to fight record UK shoplifting, using cameras and replays. Shoppers joke it's like football VAR, but some say it goes too far.

Wed, 28 May 2025 18:30:04 GMT

Bitcoin reaches all time high

Bitcoin hit a record high, driven by hopes the US Congress will pass the GENIUS Act, the first stablecoin bill under the Trump administration.

Wed, 28 May 2025 15:30:07 GMT

UK food prices rise

UK fruit and veg prices may rise as stricter EU-style import checks add border red tape, affecting items like avocados, mangoes, tomatoes, and pineapples.

Wed, 28 May 2025 12:30:04 GMT

New Zealand's central bank cuts rates.

New Zealand cuts rates by 25 bps, hints at a slightly deeper easing cycle amid rising global risks.

Wed, 28 May 2025 11:40:14 GMT

Gaming industry recovers

The VanEck Video Gaming and eSports ETF (ESPO) is up 23.66% so far in 2025, far ahead of the broader communications sector's 1.66% gain. This strong growth is driven by major gaming and esports companies like Nintendo, Tencent, AppLovin, and Roblox. As of May 27, the fund's value per share was $103.05, with total assets of $355.52 million. The strong

Wed, 28 May 2025 09:30:05 GMT

Nissan looks for capital

Nissan may raise over 1 trillion yen ($7B) via debt and asset sales, including a UK-backed syndicated loan.

Wed, 28 May 2025 07:50:03 GMT

New Zealand Cuts rates

New Zealand's central bank has cut interest rates by 25 basis points, lowering the official cash rate from 5.50% to 5.25%. The move is aimed at supporting the economy as global risks increase and domestic spending slows. The Reserve Bank of New Zealand (RBNZ) said it may need to cut rates further if global economic troubles continue. Inflation is still above

Wed, 28 May 2025 06:30:09 GMT

Shipments to U.S. fall

U.S. capital goods orders and shipments fell in April, signaling weaker business spending amid economic uncertainty and tariffs, Commerce Dept. data shows.

Wed, 28 May 2025 03:30:04 GMT

Tesla's sales fall

Tesla's Europe sales plunged 49% in April despite a 27.8% rise in EV sales, as its Model Y upgrade failed to boost demand amid steady overall car sales.

Tue, 27 May 2025 21:30:06 GMT

Walmart bets on the gas station business

Retailers like Walmart, Costco, and Sam's Club are expanding gas stations, betting fuel demand stays strong as EV adoption remains slower than expected.

Tue, 27 May 2025 18:30:14 GMT

Toyota shifts production to UK

Toyota to shift some GR Corolla production to the UK, investing $56M to cut wait times and boost North American exports; move not linked to Trump's auto tariffs.

Tue, 27 May 2025 15:30:03 GMT

Japanese bonds fall

Japan's 20- & 30-year bond yields fell after reports the finance ministry may cut super-long bond issuance to ease market pressure amid BOJ taper concerns.

Tue, 27 May 2025 12:30:08 GMT

Sony to have a spin-off

Sony to unveil growth plan for financial arm spin-off, set for Sept 29 listing. It'll distribute 80% of shares to investors, marking a key shift in strategy.

Tue, 27 May 2025 12:05:40 GMT

EUR/USD Technical analysis

The EUR/USD pair has demonstrated strong bullish momentum in recent sessions, pushing towards the key resistance level at 1.14350. After consolidating in the 1.1200–1.1300 range earlier in May, the pair broke higher, reaching its strongest levels in weeks. This upward move has been supported by softer U.S. economic data and a general pullback in the U.S. dollar, allowing the euro

Tue, 27 May 2025 09:30:04 GMT

EU leaders want quick deal with the U.S.

EU leaders hope for quick trade deal after Trump delays 50% tariffs to July 9 following a call with EU chief von der Leyen. Talks between both sides continue.

Tue, 27 May 2025 07:30:49 GMT

Copper technical analysis

Copper prices have experienced significant volatility in recent trading sessions, largely driven by escalating tariff tensions between major economies. Amid this backdrop, copper is navigating a wide trading range, with traders closely watching key technical levels. A resistance level at 4.88470 is emerging as a crucial barrier. Should bullish momentum gain traction—possibly fueled by easing geopolitical strains, a weaker U.S. dollar,

Tue, 27 May 2025 06:30:04 GMT

Pension contributions in UK too low

Ex-minister urges UK to raise pension contributions, saying the 8% minimum isn't enough for a decent retirement under current auto-enrolment rules.

Tue, 27 May 2025 05:53:53 GMT

Gold outlook

Amid geopolitical tensions, gold showed bullishness, closing above 3340.00. Economic Calendar Analysis Although there are no significant fundamental news releases expected to impact gold, any geopolitical developments could create volatility in the market. XAU/USD short-term forecast Volatility in both the bond and stock markets, combined with ongoing geopolitical tensions, may continue to drive gold prices higher in the near term. Investors typically view

Tue, 27 May 2025 03:30:04 GMT

Xiaomi presents new SUV

Xiaomi unveils YU7 EV SUV with 760km range, topping Tesla Model Y. Priced around ¥250K–¥320K, it may challenge Tesla's China market share

Mon, 26 May 2025 21:30:04 GMT

Volvo to cut jobs

Volvo Cars to cut 3,000 mostly white-collar jobs amid high costs, slowing EV demand, and trade tariff uncertainty as part of a broader restructuring plan.

Mon, 26 May 2025 18:30:04 GMT

Nippon deal is cleared by Trump

Trump clears U.S. Steel-Nippon merger, promises 70K jobs, $14B boost. HQ stays in Pittsburgh. Shares jump 20% after Biden blocked deal in January.

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