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Auto & Transport Roundup: Market Talk
Find insight on ComfortDelGro, iMotion Automotive Technology and more in the latest Market Talks covering the Auto & Transport sector.
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Energy & Utilities Roundup: Market Talk
Find insight on Korea Electric Power, Petronas Gas and more in the latest Market Talks covering the Energy & Utilities sector.
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Target Pulls Out of a Sales Rut. Macy’s Doesn’t.
Target is giving a lukewarm outlook for the year, saying consumers are cautious, while Macy’s reported another quarter of shrinking sales.
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Oil Prices Rise, Regaining Some Ground After Selloff
Oil prices steadied after a selloff and while Wednesday’s Fed minutes and Powell’s Friday speech could introduce volatility back into the market, any potential price increases could be curbed unless more aggressive rate cuts are signalled, Capex.com said.
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Luxury Brands Have a Strict Hierarchy. Burberry Found Out the Hard Way.
The British label’s seven-year push to attract wealthier shoppers has failed and left it with a threadbare share price.
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Gold Futures Slip on Profit-Taking; Market Focuses on Fed Chair’s Upcoming Speech
Gold futures slipped from record highs, and markets remained relatively calm, though this is likely to change over the remainder of the week with the release of the latest Fed minutes, and Powell’s speech at Jackson Hole on Friday, ActivTrades said.
Chicago News
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William Smith
Writer & Journalist