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Macy’s (M.US) lose almost 5% today, despite a rebound across the US indices
Shares of one of the biggest US departments stores, Macy’s (M.US) lose almost 5% today, despite a rebound across the US indices. The company confirmed a closing of 150 US-based stores because of falling sales, consumer…
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Commodities
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Coffee futures (COFFEE) are down more than 2% today, driven by increasing concerns over a potential supply surplus. According to the latest data from Marex, global coffee stocks in the 2025/26 season could exceed demand by 1.2 million bags. Marex estimates that global coffee production for the current season will reach 170.7 million bags, with global consumption at 170.5 million bags. In the 2025/26 season, production is expected to rise to 172 million bags, primarily due to an anticipated recovery in Vietnam, where…
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Fintech
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Fintech
Careem Pay Offers Zero Fees, Exclusive Rates for Careem Plus Members
Careem Pay, the fintech and payments arm of Careem, now offers exclusive exchange rates and zero fees on international transfers…
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Economics
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Economics
Spanish CPI in Line With Expectations
08:00 GMT – Spanish Inflation Data for February CPI MoM Final (Feb): 0.4% actual vs 0.4% forecast vs 0.4% prior CPI YoY Final (Feb):…
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Markets
Macy’s (M.US) lose almost 5% today, despite a rebound across the US indices
Shares of one of the biggest US departments stores, Macy’s (M.US) lose almost 5% today, despite a rebound across the US indices. The company confirmed a closing of 150 US-based stores because of falling sales, consumer behavior shift, and disrupting e-commerce…
Read More » -
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Precious Metals
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Metals
Copper Shines as Bright as Gold
Copper contracts (COPPER) are experiencing a slight correction today (-0.5%), but the price dynamics of…
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Latest news
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Markets
Macy’s (M.US) lose almost 5% today, despite a rebound across the US indices
Shares of one of the biggest US departments stores, Macy’s (M.US) lose almost 5% today, despite a rebound across the…
Read More » -
Metals
Gold – XAU/USD Breaks The $3,000 Barrier
🚨 Gold surpasses the psychological barrier for the first time in history, gaining 0.5% on the day. The price of…
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Markets
European Markets Are Green Today
European stock markets are skewed to the upside today with most of the major indices in the green, led by W20 (+1.41%)…
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Markets
Chat of The Day – CH50cash
China’s index represented by CH50cash surged to its highest level this year, jumping as much as 2.6% on Friday in…
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Markets
Today Markets Market Update
Asian stocks advance as Chinese shares surge to over a two-month high after PBoC vows to cut interest rates. Shanghai Composite…
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Metals
XAU price hits fresh all-time high; approaches $3,000 amid trade war fears
Gold price remains well supported by the uncertainty surrounding Trump’s aggressive trade policies. Fed rate cut bets further benefit the…
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Markets
US100 Returns to Sender Down 1.50%
The sell-off in U.S. indices continues despite a potential settlement between Russia and Ukraine The U.S. stock market is returning…
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