Money
It’s Amazon Prime Day – We’ve got you covered!
It’s the biggest day of Amazon’s calendar. Well, two days. Amazon Prime Day promises millions of bargains. But in the aftermath of the pandemic, a new challenge could cause delays for customers.
June 21 and 22 this year will be a big event for customers of Amazon around the world. And an important day for Amazon’s retailers and the retail giant itself.
As we browse Amazon’s website, searching for bargains, it might be a good idea to think about how long it’s going to take for our goodies to actually reach us. Because Amazon is facing a global shipping delay.
COVID has caused a shipping crisis
Among all the things we’ve had to worry about this pandemic, we thought we’d be safe from a major logistics challenge. Stuck at home, millions of us have given up on traditional retail stores, and instead gone online for our daily needs.
Amazon is the world’s largest retailer. And it’s determined to enter even further into our lives.
Amazon Prime Day is the yearly event the company uses to get us all signed up to Amazon Prime accounts, promising faster shipping and even a video catalog.
For Amazon, it’s all about the ecosystem. Come for the cheap prices, stay for the video library. So much so the company just spent billions acquiring movie studio MGM, to win the lions share of Hollywood’s glamorous history.
Breaking the Prime deal
The problem for Amazon this year is that we are now very much aware that there’s a shipping delay. Remember how fast things used to arrive? Now you’ve got to add weeks to your delivery expectations.
And for many Prime customers, that’s a break with their contract with Amazon. We give you our money, you deliver quickly.
Still, for those willing to wait, there are millions of bargains to be found, or so we’re told.
Bargains galore in 2021
Prime Day ends (Amazon Prime trial link).
Amazon Prime Day 2021 – Live Amazon Device Deals
- Echo (4th Gen) | With premium sound, smart home hub, and Alexa | Twilight Blue – $74.99 (save $25) – Shop deal now
- Echo Show 8 Sandstone with Amazon Smart Plug – Shop deal now
- Echo Show 5 (1st Gen, 2019 release) – $44.99 (save $35) – Shop deal now
- Fire HD 10 Tablet 10.1-inch 1080p full HD display, 64 G
Money
Middle East tensions rattle markets as traders await U.S. jobs data
Geopolitical tensions impact global markets; Wall Street anticipates strong jobs report, affecting dollar strength and Fed rate outlook.
Geopolitical tensions impact global markets; Wall Street anticipates strong jobs report, affecting dollar strength and Fed rate outlook.
Rising geopolitical tensions in the Middle East are sending ripples through global markets, as investors weigh the potential impact on currencies, commodities and inflation expectations. Risk sentiment has been shaken, while energy prices and safe haven assets remain firmly in focus.
At the same time, Wall Street is preparing for the latest U.S. non-farm payrolls report, with analysts forecasting around 55,000 jobs added. However, market chatter suggests the figure could come in stronger, raising questions about the resilience of the U.S. economy and the path for interest rates.
Steve Gopalan from SkandaFX, explains why the U.S. dollar has strengthened during the turmoil and what a surprise jobs result could mean for the Federal Reserve’s rate outlook.
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Money
Dow tumbles over 1,000 points as oil surges past 80 amid Iran tensions
Stocks plummet over 1,000 points amid oil price surge and Iran tensions; market implications discussed by Kyle Rodda.
Stocks plummet over 1,000 points amid oil price surge and Iran tensions
Stocks were rattled this week as the Dow dropped more than 1,000 points, driven by surging oil prices that surpassed 80 dollars a barrel. The spike comes amid escalating tensions in the Iran conflict, sparking concerns for investors worldwide.
Kyle Rodda from Capital.com breaks down the key factors behind the market plunge, which sectors were hit hardest, and how the previous day’s slight stabilisation of oil influenced trading.
The implications of rising oil and geopolitical uncertainty could have lasting effects on the global economy. Watch as Kyle explains what to watch next in the market and how investors are responding to these turbulent times.
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#StockMarket #OilPrices #DowJones #FinancialNews #Investing #MarketUpdate #IranCrisis #Economy
Energy prices soar amid Iran conflict, with investors reassessing risks and market dynamics.
The ongoing conflict in Iran has sent energy prices soaring and markets reeling. Investors are reassessing inflation expectations, central bank rate paths, and global growth prospects as risk aversion rises.
David Scutt from Stonex gives his insights on how surging oil prices and rising energy risk premia are influencing investor sentiment and market dynamics.
Markets may need weeks to fully digest the economic impact of the conflict, with volatility likely to persist as investors weigh geopolitical and financial risks.
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