Sodexo Raises 2026 Revenue Outlook After Strong Q3 Sales Beat 
U.S. Dollar Drops as Weak Jobs Data Boosts Fed Pause Bets, Yen Jumps on Intervention Talk 
US Stock Futures Rise as Investors Eye Fed Minutes, AI Stocks, and Q2 Earnings 
Super Micro Employees Detained in Taiwan AI Server Export Investigation 
Goldman Sachs Raises USD/JPY Forecast, Sees Yen Weakness Persist Through 2027 
Japan Defense Stocks Rally on Report of New Defense Ministry Bureau for Global Cooperation 
Kuaishou Stock Jumps as Kling AI Secures $2 Billion Funding Round 
Goldman Sachs Says China Competition Weighs More on EU Growth Than Trade Deficit 
Foxconn Q2 Revenue Surges Nearly 40% on Strong AI Server Demand 
Asian Currencies Rise as Dollar Weakens; Yen Holds Steady Amid Japan Intervention Watch 
Gold Price Today: Bullion Heads for First Weekly Gain as Weak U.S. Jobs Data Eases Rate Hike Fears 
Asian Stocks Rebound as Tech Shares Rally on Fed Rate Cut Hopes and Easing Iran Tensions 
BHP Workers Approve New Labour Agreement at WA Iron Ore Operations 
Moody’s Says Peru’s President-Elect Keiko Fujimori Could Boost Investor Confidence 
New Zealand Consumer Confidence Rises in June as Inflation Expectations Ease 
Iran Begins Oil Sale Talks With Japan Under U.S. Sanctions Waiver Amid Shipping Risks 
Sales of US-branded coffee shops such as Starbucks, JDE Peet’s, and Dunkin’ are expected to return to pre-pandemic levels only in 2022, after suffering an estimated 24 percent drop to $36 billion last year.
The coffee shops are expected to climb back to $40 billion this year, below 2019 levels.
According to Allegra World Coffee Portal, a research and consultancy firm, the US coffee shop market is enduring the worst trading environment in memory, with 208 out of a total of 37,189 branded stores closing permanently in 2020.
Allegra Group CEO Jeffrey Young said they expect trading to begin stabilizing from summer 2021 due to mass vaccinations, operators adapting with new trading formats, and a changing political situation.
Young added that it will take several years before coffee shop operators fully readjust to the ‘new normal.’
