Inflation Data Weighs on the Dollar
by Rania Gule, Senior Market Analyst at XS.com – MENA
The USD/JPY pair witnessed a significant drop, starting Thursday’s session around the 155.00 level, near the lower boundary of the short-term descending channel. This decline came after U.S. inflation data showed a slowdown in core inflation, triggering a dollar sell-off and prompting investors to seek refuge in the Japanese yen. This...
Wall Street banks to report quarterly results
by Antonio Di Giacomo, Senior Market Analyst at XS.com
The quarterly earnings of several Wall Street banks will serve as a key indicator of market optimism following Donald Trump's election, which raised expectations for pro-business policies. This reporting period is crucial for understanding how financial institutions are navigating the current economic environment, especially after the volatility caused by political and...
Following Years Of Growth, E-Commerce Industry To Shrink By 6.5% In 2022
After years of positive growth, the eCommerce industry is set to witness negative...
China continues to lead global e-commerce market with over $2 trillion sales in 2022
China’s e-commerce market, the world’s largest, is expected to register a...
Online shopping and rising internet penetration to lead Philippines e-commerce at 17% CAGR through 2025
Driven by growing consumers’ preferences for online shopping and increasing...
Aramex to Digitally Transform its Customer Experience
Aramex (DFM: ARMX), a global provider of comprehensive logistics and transportation solutions, today announced it will go live...
