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Analyst piece

Walmart shares: lower prices pull shoppers in, but CFO stays cautious

Walmart, an all-sessions stock, has upped its full-year forecasts as lower prices lured shoppers, but its CFO John David Rainey said "I don't want to declare that we are out of the woods here.’’   Shares Walmart Retail Demand Profit Inflation    Angeline Ong | Financial Analyst, Presenter and Content Editor, London | Publication date: Thursday 17 August 2023 17:27
Analyst piece

EUR/USD Update: Parity Approaches, Dollar Bid after Plenty of Fed Speak

‘FED PIVOT’ IN THE REAR VIEW MIRROR AS USD RETAKES THE DRIVING SEAT With euro fundamentals seemingly unchanged for now, markets turned their attention to a whole host of Fed officials as they remain united in the direction of future rate hikes but divided on the terminal rate. George, Kashkari, Daly and Bullard all had their say with Daly perhaps the most cautious in her message of not wanting to “overdo policy”, while Bullard remained true to his hawkish tag, stating that he is keen o
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