WM Morrison, Britain’s fourth-largest supermarket chain, could be about to become the target of an international bidding war.
Archiv für den Monat: Juli 2021
China’s economy sees new pockets of growth in rising shopping trends
A report from Bain & Company and Kantar Worldpanel reflects pockets of growth in an economy that was slowing its expansion even before the coronavirus pandemic.
Iron Ore to Rise Further as US Infrastructure Deal Aids Recovery Outlook: Q3 Top Trading Opportunities
Iron ore prices look primed to rise further in Q3 as a developing US infrastructure plan underpins an already bright outlook amid a global recovery.
Gold Q3 Fundamental Forecast: Outlook Deteriorates for Gold Prices
Over the past five years, gains by US real yields have been generally correlated with losses by gold prices.
ForexLive European FX news wrap: Dollar mixed in quiet trading
Forex news from the European trading session – 5 July 2021
Headlines:
Markets:
– GBP leads, CAD lags on the day
– European equities mixed; S&P 500 futures flat
Headlines:
Markets:
– GBP leads, CAD lags on the day
– European equities mixed; S&P 500 futures flat
USD/CAD a little higher to start the new week but sellers still keep near-term control
USD/CAD is up slightly to 1.2440 levels
The high today hit 1.2354 but sellers have been leaning on the 200-hour moving average (blue line) to keep any upside momentum at bay, after having driven price lower post-NFP at the end of last week.
The high today hit 1.2354 but sellers have been leaning on the 200-hour moving average (blue line) to keep any upside momentum at bay, after having driven price lower post-NFP at the end of last week.
Oil stays relatively upbeat awaiting OPEC+ decision
Oil up 0.3% to $75.40 levels currently
Sure, they are blocking a deal/proposal for a 400k bpd increase in output per month starting from August, but they aren’t doing so because they are solely against that idea in particular, it’s more of a bargaining chip.
Sure, they are blocking a deal/proposal for a 400k bpd increase in output per month starting from August, but they aren’t doing so because they are solely against that idea in particular, it’s more of a bargaining chip.
Eurozone July Sentix investor confidence 29.8 vs 28.1 prior
Latest data released by Sentix – 5 July 2021
Investor morale is seen improving to start 2H 2021 as economic conditions in the region pick up ahead of the summer, with the services sector in particular showing a marked improvement as virus restrictions are loosened. Sentix notes that:
Investor morale is seen improving to start 2H 2021 as economic conditions in the region pick up ahead of the summer, with the services sector in particular showing a marked improvement as virus restrictions are loosened. Sentix notes that:
UK June final services PMI 62.4 vs 61.7 prelim
Latest data released by Markit/CIPS – 5 July 2021
here
The downside is that cost inflation hit a record high in June amid supply chain disruptions and that could be a force that threatens to destabilise the recovery in general.
here
The downside is that cost inflation hit a record high in June amid supply chain disruptions and that could be a force that threatens to destabilise the recovery in general.