Escalating geopolitical risks and rising U.S. Treasury yields drive demand for the USD, lifting it to its strongest level in two months. The U.S. dollar strengthened to a two-month high as escalating Middle East tensions and higher U.S. Treasury yields fueled risk-off sent
France’s Casino Group and the Zouari family have signed a partnership agreement to develop the Franprix and Monop' convenience retail networks in France. The companies said the agreement is designed to accelerate the development of the two networks through a revised organi
Key Takeaways from the Conference Board Employment Trends Index (ETI) – May 2026 Employment Trends Index (ETI) fell to 107.01 in May from an upwardly revised 107.88 in April, signaling some moderation in the labor market outlook. The ETI is a leading indicator for payroll
A 25 bp ECB increase, largely priced in, may fail to lift the euro without fresh geopolitical or economic catalysts. The European Central Bank is expected to raise rates by 25 basis points to 2.25% this week, citing updated projections for higher inflation and weaker growt
Deal aims to boost domestic optical fiber production and connectivity for AI data centers, creating 1,000 jobs in North Carolina. Amazon has signed a multi-billion-dollar agreement with Corning to ramp up US manufacturing of optical fiber and connectivity products for data
The USDCAD extended its rally to a new high of 1.3953 today, the highest level since April 6. In doing so, the pair pushed above the April 6 high at 1.3948, signaling continued bullish momentum However, the move stalled just short of the March 31 high at 1.3966, whi
Brown Brothers Harriman’s (BBH) Elias Haddad notes that the US Dollar (USD) remains firm as United States (US) jobs data, higher Federal Reserve (Fed) rate expectations and rising Oil prices pressure stocks and bonds. Haddad argues USD can keep edging higher against major
BNY’s Bob Savage flags that Euro area Sentix sentiment remains in downturn territory, with Germany still classified in recession despite modest improvement. German manufacturing orders fell sharply in April, driven by autos and machinery, even as sales showed some resilien
The USD is lower vs the major currencies to start the North American session and the new trading week. The declines come after sharp gains in the dollar on Friday as yields moved higher, and stocks moved sharply lower with the NASDAQ index losing over 1100 points on geopol
The latest HR moves made by leading textile and apparel companies. Brands Marimekko Finnish lifestyle brand Marimekko is responding to the "increasingly dynamic operating environment" by creating dedicated functions for its supply chain and product portfolio management
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