Strategy Inc and Coinbase Global demonstrate strong market momentum as investors increasingly view digital assets as a resilient hedge amid global events.
Strategy Inc and Coinbase Global demonstrate strong market momentum as investors increasingly view digital assets as a resilient hedge amid global events.
Monte dei Paschi investors backed another term for ousted Chief Executive Officer Luigi Lovaglio, marking a victory for the veteran leader after the board tried to get rid of him. Bloomberg's Chiara Albanese has more. (Source: Bloomberg)
Monte dei Paschi investors backed another term for ousted Chief Executive Officer Luigi Lovaglio, marking a victory for the veteran leader after the board tried to get rid of him. Bloomberg's Chiara Albanese has more. (Source: Bloomberg)
A number of stocks fell in the afternoon session after news of a potential Middle East ceasefire triggered a major shift in the stock market. For weeks, investors held defensive and energy stocks during the conflict between the U.S. and Iran.
A number of stocks fell in the afternoon session after news of a potential Middle East ceasefire triggered a major shift in the stock market. For weeks, investors held defensive and energy stocks during the conflict between the U.S. and Iran.
Monthly GDP in the United Kingdom increased to 0.50% M/M in February from 0.10% in January, above estimates of 0.1%. The trade in goods deficit widened by £1.0B to £57.1B in the three months to February 2026, while the trade in services surplus is estimated to have widened by £1.3B to £54.2B. The value of goods imports increased by 4.7% in February, with a rise in imports from both EU and non-EU c...
Monthly GDP in the United Kingdom increased to 0.50% M/M in February from 0.10% in January, above estimates of 0.1%. The trade in goods deficit widened by £1.0B to £57.1B in the three months to February 2026, while the trade in services surplus is estimated to have widened by £1.3B to £54.2B. The value of goods imports increased by 4.7% in February, with a rise in imports from both EU and non-EU countries. The value of goods exports fell by 1.5% in February, with falls in exports to both EU and non-EU countries. The total goods and services trade deficit narrowed by £0.3B to £2.8B in the three months to February 2026 compared with the three months to November 2025. More on UK FX Levels For EUR/USD, USD/CAD And GBP/USD: USD Dumps Amid Peace Repricing GBP/USD Chart Alert: Bull Flag Pattern In Play Ahead Of Retail Sales Data Technical Levels For Major FX Pairs Ahead Of The FOMC Europe markets muted over Iran de-escalation hopes; luxury stocks slump ECB seeks greater control in setting eurozone bank capital buffers
Good morning . Policymakers at the European Central Bank are leaning toward keeping borrowing costs on hold this month. The BBC announces job cuts. And we found out who bought Nick Candy’s home in London for more than £270 million. Listen to the day’s top stories . Market Snapshot S&P 500 futures 7,070.75 +0.1% WTI crude oil futures $91.79 +0.5% Market data as of 06:02 AM GMT. Data is subject to p...
Good morning . Policymakers at the European Central Bank are leaning toward keeping borrowing costs on hold this month. The BBC announces job cuts. And we found out who bought Nick Candy’s home in London for more than £270 million. Listen to the day’s top stories . Market Snapshot S&P 500 futures 7,070.75 +0.1% WTI crude oil futures $91.79 +0.5% Market data as of 06:02 AM GMT. Data is subject to provider delays. Policymakers at the European Central Bank are leaning toward keeping interest rates unchanged this month, postponing their verdict on whether the fallout of the Iran war warrants a response, according to people familiar with the debate. Tighter financing conditions are helping to keep inflation expectations anchored for the moment, the people said. Meanwhile, Bank of England Governor Andrew Bailey signaled he’s in no rush to raise rates , arguing that it’s too soon to make a judgment on the economic impact of the war. Global stocks climbed to an all-time high as investors piled back into equities on signs Washington and Tehran may extend a ceasefire, with US futures gaining and European contracts mixed. Brent held around $95. Check out our Markets Today live blog for all the latest news and analysis relevant to UK assets. The top US derivatives regulator is investigating a series of suspiciously well-timed trades in the oil futures market ahead of recent policy pivots by Donald Trump related to the war in Iran, according to people familiar. Two exchanges were asked to hand over data. The White House had warned employees against using confidential information to place trades on financial markets and fast-growing event betting platforms. Mark Mobius, Emerging Markets Investing Pioneer, Dies at 89 Mark Mobius, who put emerging markets on investors’ radar with on-the-ground insights over more than four peripatetic decades, has died. He was 89. Read more Monte Paschi investors backed another term for ousted CEO Luigi Lovaglio , marking a triumphant victory for th...
Prime Minister Viktor Orban ’s election defeat is extending a historic rally in Hungary’s bond market as his successor dangles the prospects of the country adopting the euro. The extra yield investors demand to hold Hungary ’s 10-year domestic bonds instead of German bunds — the euro-area benchmark — has dropped to the lowest level in five years in the wake of Sunday’s election. The forint and Bud...
Prime Minister Viktor Orban ’s election defeat is extending a historic rally in Hungary’s bond market as his successor dangles the prospects of the country adopting the euro. The extra yield investors demand to hold Hungary ’s 10-year domestic bonds instead of German bunds — the euro-area benchmark — has dropped to the lowest level in five years in the wake of Sunday’s election. The forint and Budapest-listed stocks have also advanced sharply. The scale of Orban’s landslide loss to Peter Magyar ’s Tisza party changed the investment narrative around Hungary nearly overnight. The country known as the European Union’s leading rebel with a stalled economy and bloated budget is now taking on the role of a nation keen on making reforms needed to access EU funds and ultimately joining the euro. “It has been a game changer and the euro accession is clearly the main positive point,” Guillaume Tresca , a global EM strategist at Generali Asset Management, said about the election. “For bonds, it would be a real positive leading to lower fiscal risks and so to lower long-term yields.” Investors had positioned for a Tisza victory, lifting Hungarian assets in the run-up to the ballot on a bet that Magyar would unlock access to about $20 billion in EU funds frozen by Brussels for Orban’s democratic breaches. The spread between yields on Hungarian debt and bunds had narrowed 93 basis points in the last weeks of campaigning and a further 43 points since the vote, data compiled by Bloomberg show. To be clear, Magyar has his work cut out to meet the criteria for joining the currency bloc and accession isn’t expected during his current term in office until 2030. And he will first need to dismantle the system built by Orban after taking over in early May. Read more: EU Won’t Release Hungarian Funds Without Seeing Reforms Still, the very act of firing the starting gun on the euro accession process is boosting bonds. The warm reception for Hungary’s incoming leader from Brussels and the Eu...
There are some companies that seem to defy expectations, no matter what adversities are thrown at them. Nucor (NYSE: NUE) is one of them. The steel mill was born from the bankruptcy of another business, and it has become one of the most consistent companies in an industry known for its high cyclicality. The company's winning formula is still paying dividends for investors. Nucor is a steelmaker , ...
There are some companies that seem to defy expectations, no matter what adversities are thrown at them. Nucor (NYSE: NUE) is one of them. The steel mill was born from the bankruptcy of another business, and it has become one of the most consistent companies in an industry known for its high cyclicality. The company's winning formula is still paying dividends for investors. Nucor is a steelmaker , but the key is in how it makes steel. The old method is blast furnaces, which are inflexible and expensive to operate. Nucor helped popularise the new method, electric arc mini-mills. Nucor's mills are highly flexible, allowing them to ramp up and down more easily with demand. This simple fact has created a business model that is highly resilient through the entire steel cycle. Image source: Getty Images. Continue reading
A Japanese man arrested for abandoning the body of his stepson who had been missing for weeks has admitted to killing the boy and allegedly hiding the corpse in different locations amid an extensive search by police in Kyoto prefecture. The arrest on Thursday morning marked a dramatic turn of events in the investigation, which was launched when 11-year-old Yuki Adachi went missing on March 23 afte...
A Japanese man arrested for abandoning the body of his stepson who had been missing for weeks has admitted to killing the boy and allegedly hiding the corpse in different locations amid an extensive search by police in Kyoto prefecture. The arrest on Thursday morning marked a dramatic turn of events in the investigation, which was launched when 11-year-old Yuki Adachi went missing on March 23 after the stepfather claimed to have driven him to school. The 37-year-old, also called Yuki Adachi, is...
Tesco Plc gave conservative guidance for this fiscal year as Britain’s largest grocer faces uncertainty over costs and the impact on households due to the war in the Middle East. The retailer expects adjusted operating profit of between £3 billion ($4.1 billion) and £3.3 billion this year, a wider range than it anticipated due to the impact of the Iran war. Tesco’s profit rose to £3.15 billion in ...
Tesco Plc gave conservative guidance for this fiscal year as Britain’s largest grocer faces uncertainty over costs and the impact on households due to the war in the Middle East. The retailer expects adjusted operating profit of between £3 billion ($4.1 billion) and £3.3 billion this year, a wider range than it anticipated due to the impact of the Iran war. Tesco’s profit rose to £3.15 billion in the 12 months ended Feb. 28, according to a statement Thursday, more than analysts expected. Tesco joins a growing chorus of corporate warnings about the fallout from the Iran War, amid fears that stretched household budgets will be unable to absorb higher costs. The Food and Drink Federation now expects food inflation to exceed 9% by the end of the year, up from its previous forecast of 3.2%.