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British Pound holds gains against a weak US Dollar despite downbeat UK Retail Sales

The British Pound (GBP) trades firm against the US Dollar (USD) on Friday, with the GBP/USD pair pushing against six-month highs in the 1.3660 area at the time of writing, on track for a 0.8% weekly r ...

Retail Sales ‘dry up’ in July amid 0.5% downturn

Retail Sales dried up in July as the heatwave put shoppers off hitting the high street, highlighting the pressure retailers are facing during the crucial summer trading period.

Gold Price Forecast: XAU/USD extends rally as US debt concerns continue to drag US Dollar

Gold price (XAU/USD) is up 0.65% at around $4,550 during the early European trading session on Friday, the highest level seen in over 11 weeks.

US Dollar: Treasury twist signals structural risks – Commerzbank

Commerzbank’s Volkmar Baur notes the US Dollar remains under pressure as EUR/USD trades around 1.17 following the US Treasury’s expansion of its Liquidity Support Buyback Operations.

Flash PMIs to test growth resilience

In Japan, August flash PMIs and nationwide July inflation data were released overnight. The weak yen continues to support growth in Japan as new orders rise at the fastest pace in August.

Walmart shares face weakness following earnings: Were results bad?

Walmart (WMT - Free Report) delivered an overall solid release on Thursday, beating expectations on both the top and bottom lines while raising its full-year outlook.

Asian stocks gain despite easing pressure on global bond yields

Asian share indices hold gains on Friday, though they remain on track for weekly losses as pressure on global bond yields eases. US Treasury yields resumed their upward trajectory following a brief re ...

Euro: Further upside toward 1.1725 against US Dollar – UOB

United Overseas Bank’s (UOB) Quek Ser Leang highlights EUR/USD at 1.1685 holding recent gains, with intraday trading likely between 1.1655 and 1.1715.

A reversal of Thurs’ session seen today for bonds, Lingering uncertainty leaves equities mixed

Asia Market Update: A reversal of Thurs’ session seen today for bonds; Lingering uncertainty leaves equities mixed; Therefore, markets seek guidance from Bessent on rates and Iran, setting up potentia ...

Denmark Industrial Outlook declined to 97.9 in August from previous 99.2

United Kingdom Retail Sales decline 0.5% MoM in July, as expected

Retail Sales, a key measure of consumer spending, in the United Kingdom (UK) declined 0.5% month-over-month (MoM) in July after rising by 0.7% in June (revised from 1.0%), the latest data published by ...

Sweden Unemployment Rate down to 7.8% in July from previous 9.9%