GameStop’s stock dips after plan to sell some international operations
GameStop’s store counts in Canada and France have been shrinking for years, and sales in Canada represent just over 5% of the total. Source link
Ijaz
EUR/GBP remains capped below 0.8300 after hotter UK CPI data
EUR/GBP softens to around 0.8285 in Wednesday’s early European session. UK CPI inflation rose to 3.0% YoY in January vs. 2.8% expected. The dovish stance from the ECB might drag the Euro lower. The EUR/GBP cross weakens to near 0.8285 during the early European trading hours on Wednesday. The Pound Sterling (GBP) edges higher against the … Read more
Should you be worried about Elon Musk’s DOGE accessing your Social Security information?
Attempts by the so-called Department of Government Efficiency, or DOGE, to seek access to the Social Security Administration’s database have sparked concern that it could compromise people’s private financial and medical information and could lead to a disruption in benefits. Source link
Japanese Yen remains on the front foot against USD amid divergent BoJ-Fed expectations
The Japanese Yen gains some positive traction following an Asian session downtick. Bets for more interest rate hikes by the BoJ continue to act as a tailwind for the JPY. The divergent BoJ-Fed expectations further contribute to the USD/JPY pair’s slide. The Japanese Yen (JPY) builds on steady intraday ascent heading into the European session … Read more
Here’s what Argentina’s president Milei’s crypto scandal could mean for Argentine stocks
Argentine President Javier Milei is facing impeachment calls after he promoted a little known cryptocurrency libra, which soared and soon plunged. However, it is unlikely to upend Milei’s presidency, while the negative impact on Argentina assets are likely to be limited to the short term, according to BCA Research. Source link
NZD/JPY struggles to capitalize on bounce from post-RBNZ low, remains below 87.00
NZD/JPY recovers swiftly after the post-RBNZ slide to a one-week trough. A positive risk tone undermines the JPY and also lends support to the cross. BoJ rate hike bets help limit further JPY losses and cap gains for spot prices. The NZD/JPY cross rebounds around 80-85 pips from a one-week trough touched during the Asian … Read more