FTSE 100 today: London markets set to open lower as rate cut bets ease
Asian markets mixed post-US stock dip, Nvidia up 6% post-bell on strong revenue. Focus on UK-US PMI data for economic cues.
Nvidia’s revenue surges 262 per cent and unveils stock split; shares top $1,000 milestone
Nvidia's revenue surged 262% last quarter due to AI chip sales, pushing shares over 6% to cross $1,000 for the first time.
Gold, EUR/USD, USD/JPY – Price Action Analysis & Technical Outlook
This piece delves into the technical outlook for gold, EUR/USD and USD/JPY, analyzing their price behavior and market sentiment to forecast their near-term trajectories.
Euro Price Outlook: Euro Heads Lower as ECB June Meeting Nears
The euro failed to mount a significant challenge when coming under pressure in what has been a quiet week this far. German manufacturing PMI appears unlikely to change that
Japanese Yen Slips Vs USD Again as Data Show Trade Gap Yawned in April
The Japanese currency remains pressured by its still-low interest rates and the USD/JPY uptrend is entrenched
UK Inflation Proves Too Hot to Handle in April, Unravelling Rate Cut Bets
UK April CPI came in a lot hotter than expected, specifically services inflation which carries huge importance for the Bank of England. Rate cuts paired back massively, GBP bid
Owner of Gary Neville’s production company Buzz 16 returns to the black as revenue rockets
The owner of Gary Neville's production company Buzz 16, which recently co-produced the Amazon Prime documentary about Manchester United's treble-winning season, returned to the black after its revenue
BDO picks Mark Shaw as next managing partner as firm eyes £1bn target
Shaw was chosen following a vote by the firm’s equity partners, and is set to take over the leadership position from 1 October 2024.
House prices rise for first time since last June but sticky rents likely to remain challenge for tenants
New government data has shown house prices grew by for the first time since last summer in March, while private rents cooled from the record highs recorded at the start of the year.
Power of sanctions: Russians are abandoning their beloved London courts
There has been a dramatic drop over the past year of Russian businesses and individuals using London’s Commercial Court