US Dollar Sell-Off Stalls After Strong US ISM Services Report; NFPs Released on Friday
Strong ISM services data has helped to stem the recent US dollar sell-off with the business activity index seen at its highest level since November 2022.
BoC Cuts Rates as Inflation Settles into Target Range, CAD Weakens
The Bank of Canada cuts rates to 4.75% as inflation settles into the target range. Wages, house prices and geopolitical uncertainty still pose risks to the outlook. Dovish repricing seen in CAD
Gold (XAU/USD) Looking Technically Oversold, US Data, NFPs Key for Next Move
Gold is looking oversold according to one technical indicator, and any weak US data may see the precious metal turn higher in the short-term
AUD/USD Outlook: Aussie Growth Stagnates, Currency Resilient Amid Weaker US Data
Aussie growth stalls in Q1, growing just 0.1% as household spending falters. AUD/USD holds steady for now, with key support and resistance levels identified ahead of NFP
Royal Opera House: Streaming success for London icon as it battles to ‘fortify’ finances
London's Royal Opera House returned to the black after its box office takings jumped and its streaming platform surged in popularity.
VP profit falls as Brandon Hire Station and housebuilding woes drag on results
Pre-tax profit fell 90.9 per cent, in large part down to the impact of £27.7m of non-cash impairment at VP's subsidiary, Brandon Hire Station
Workspace: Flexible office provider calls market bottom as workers return to the City
Flexible office provider Workspace said its “future is bright” after it revealed a 8.7 per cent increase in profit for the year to March.
Astrazeneca swallows up Canada-based Fusion Pharmaceuticals in £1.5bn move
Astrazeneca has completed its $2bn (£1.5bn) acquisition of Canada-based Fusion Pharmaceuticals, in a deal first announced in March.
Former cyber security boss ‘believes a Russian group’ is behind the NHS ‘major IT incident’
Asked on BBC Radio 4’s Today programme if it is known who attacked Synnovis, Ciaran Martin said: “Yes. We believe it is a Russian group of cyber criminals who call themselves Qilin.
Jupiter extends the exit of star fund manager
Jupiter has said it has extended the departure of its star fund manager Ben Whitmore.