Loungers trading ahead of expectations as new site roll-out boosts bottom line
Loungers has said it is trading ahead of expectations for the year, helped by the opening of 36 new sites.
UK consumer confidence edges up after stagnant start to year
UK consumer confidence improved by two points in April, after laying stagnant in March.
US crackdown against privacy tech continues with arrest of Samourai Wallet developers
Yesterday, news broke that the United States Department of Justice has charged the Samourai Wallet co-founders with "conspiracy to commit money laundering and conspiracy to operate an unlicensed money
FTSE 100 today: London markets set to open higher on the heels of strong US tech earnings
Asian stocks rallied alongside a strong tech sector fuelled by impressive US earnings. Bank of Japan maintained its short-term interest rate target at 0-0.1 per cent. Oil prices climbed, while Microso
Alphabet surges 11 per cent on strong earnings, unveils first dividend payout
Alphabet shares surged in after-hours trading on Thursday after Google's parent company impressed investors with a blowout first-quarter earnings report and initiated a $70 billion stock buyback progr
Gold, Silver Price Outlook: Precious Metals Seek Directional Cue
Gold and silver have pulled back from their respective highs, looking for the next catalyst. With risk sentiment improving, precious metals may find support from a softer USD
Crude Oil Prices Retrace Some Losses Despite US Demand Doubts
US crude inventories fell, but much of this was down to oil exports rather than strong local demand.
US Q1 GDP Misses Forecasts, PCE Beats Estimates, US Dollar Moves Higher
The US economy expanded by 1.6% q/q in the first three months of the year, missing estimates of 2.5% and down from 3.4% in Q4 2023. US dollar firms after PCE figures nudge higher.
Yield Curve Inversion and its Economic Implications
Yield curve inversion has historically been associated with economic slowdowns and recessions in the US.
USD/JPY Breaches ‘Line in the Sand’ Ahead of BoJ Meeting
The yen continues to depreciate, adding pressure to Japanese authorities to respond. Will recent wage growth and yen weakness bring the inflation target within reach?