U.S. yields pause after payroll-fueled rally; Bunds hold ahead of key data
U.S. Treasury yields paused on Monday after a payroll-fueled rally last week, while German Bunds held steady as investors awaited key eurozone data due later in the session.
Economy
FCA boosts support for innovative firms as they scale and grow
Five fast-growing firms have joined the FCA’s Scale-up Unit, receiving tailored support to help them innovate, navigate regulation and grow sustainably.
New Zealand Dollar stalls below 0.5900 as US Dollar regains safe-haven appeal
NZD/USD trades around 0.5895 on Monday at the time of writing, virtually unchanged on the day. The pair consolidates below the 0.5900 level after retreating from its recent monthly high, as the US Dollar (USD) recovers …
Thames Water faces row over £1m payment to finance chief
Thames Water has paid its chief financial officer, Steve Buck, a £1m signing fee despite intense scrutiny of Britain’s biggest water company’s finances as it tries to avoid being taken into public control.
Euro: Fed repricing supports gains against US Dollar – Societe Generale
Societe Generale strategists highlight that EUR/USD has squeezed above key resistance as Dollar weakness follows softer United States (US) employment data and reduced odds of a September Fed hike. The pair is seen sligh…
Canadian Dollar: Recovery against US Dollar faces tariff risks – Commerzbank
Michael Pfister at Commerzbank highlights a strong Canadian labour market and improving Gross Domestic Product (GDP), Purchasing Managers' Index (PMI) and exports as signs of real-economy recovery, but warns this is fra…
Harvey Nichols warns it could collapse without rescue deal, as bidders circle
Mike Ashley’s Frasers Group is frontrunner to buy Knightsbridge-headquartered department store chain
Romanian Leu: Rating relief but NBR stays cautious – ING
ING’s Frantisek Taborsky says Romania’s unchanged Baa3 rating at Moody’s and prior Fitch decision should ease pressure after recent ROMGBs underperformance. He expects the National Bank of Romania (NBR) to keep rates at…
'You could smell someone' who worked at Raleigh
The company was more than just a employer. For years, it was part of the fabric of Nottingham.
China CPI inflation eases to 6-mth low, adds pressure for policy easing
Softer than expected CPI and PPI readings reinforce the picture of a two-speed Chinese economy, with strong exports and factory output offset by weak domestic demand, adding to the case for the accelerated fiscal spendi…
Gold retreats from June 17 highest amid USD uptick; holds above $4,300 pivotal support
Gold (XAU/USD) drifts lower at the start of a new week and moves away from its highest level since June 17, touched on Friday following the disappointing release of the US Nonfarm Payrolls (NFP) report. In fact, the cru…
UK manufacturers face rising hacking risk as survey shows 30% were hit last year
Nearly a third of British manufacturers have been hit by a cyber-attack on them or a company in their supply chain, according to a survey that highlighted the growing hacking risk to companies.
Japanese Yen comes under pressure as BoJ division, narrowing surplus
USD/JPY gains ground after registering modest losses in the previous day, trading around 158.20 during the Asian hours on Monday. The pair remains stronger as the Japanese Yen (JPY) holds losses following the release of…
BoJ Summary of Opinions: Board split on pace of rate hikes amid inflation risk
The Bank of Japan (BoJ) published the Summary of Opinions from the July 30-31 monetary policy meeting, which showed a split between members wanting to hold rates to assess the impact of the last rate hike and others pus…
Tech leaders say AI means less work - their staff say they work up to 90 hours a week
For years now, executives at companies that are pouring hundreds of billions of dollars a year into developing various artificial intelligence tools have insisted that the technology will ultimately mean people will spe…
Cut £175 from energy bills for low-income homes, says thinktank
Labour should draw up an emergency plan to cut energy prices for low-income families by up to £175 this winter, the Resolution Foundation has said.
British Pound moves away from multi-week top as Hormuz risks support USD
The GBP/USD pair edges lower at the start of a new week and moves further away from an over three-week high, or levels just above the 1.3500 psychological mark touched on Friday.
Hormuz tensions escalate as unconfirmed missile attack amid fragile US-Iran talks
The ongoing US-Iran conflict has entered a crucial diplomatic phase, with intense fighting and strategic pressure around the vital Strait of Hormuz continuing to drive the dynamic of the war. Iranian officials stated on…
WTI rises to near $79.50 amid uncertainty over reopening Strait of Hormuz
West Texas Intermediate (WTI) oil price gains ground after registering nearly 1.5% losses in the previous trading day, hovering around $79.40 per barrel during the Asian hours on Monday. Crude oil prices advance as pers…
Taylor Farms recalls salsa and guacamole over salmonella risk
“The average American is not getting everything available through Medicare,” Dr. Mike Daniels, chief medical officer at WeTreatFeet Podiatry, told NTD News.
Could your tattoo stop you from getting a job?
Tattoos have been in the cultural mainstream for years. Even the prime minister has got one (a bee, on his bicep).
Burnham vows crackdown on ‘rip-off’ business practices to ease cost of living
Andy Burnham has promised a series of measures to tackle the cost of living, including a ban on fake discounts and making it easier for people to escape unwanted subscriptions.
You could be missing out on £150 off your energy bill - here's how to check
One call to your energy supplier to ensure your name is on the electricity bill may mean you are in line for a £150 discount this winter â but you need to get in before the deadline.
Which economies and sectors are most exposed to AI earnings bust?
Twenty years ago, the U.S. economy morphed into a huge bet on the frothy housing market. The bubble’s animating narrative was simple: housing prices had been rising for a long time, and they would continue to do so. Ent…