Burnham's 'Manchesterism' got him to No 10 - but will it work for the UK?
It was just five months ago when Andy Burnham retreated to his mayor's office in Manchester, having been blocked by Labour's ruling executive from standing for parliament.
Economy
PBOC sets USD/CNY reference rate at 6.7934 vs. 6.7909 previous
On Friday, the People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead at 6.7934 compared to the previous day's fix of 6.7909 and 6.7734 Reuters estimate.
The financial winners and losers from the World Cup
More countries taking part and more matches means more eyeballs on the action - as well as more opportunities to make money.
Silver Price Forecast: XAG/USD falls to near $55.50 amid interest rate concerns
Silver price (XAG/USD) remains subdued for the third successive day, trading around $55.50 per troy ounce during the Asian hours on Thursday. Silver is on track to drop over 7% this week as escalating Middle East tensio…
Australian Dollar moves away from three-week top as geopolitics and Fed hike bets lift USD
The AUD/USD pair remains on the back foot for the second straight day and slides to the 0.7980 region during the Asian session on Friday. Nevertheless, spot prices seem poised to register gains for the third week in a r…
United States Dollar Index consolidates above 100.50 as traders look to Trump's speech
The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, is seen oscillating in a narrow range just above the 100.50 level as traders await US President Donald Trump's speech. In the meantim…
Taco Bell removes lettuce in some states over cyclosporiasis link
Taco Bell has issued a statement as the fast food chain pulls certain ingredients from some locations amid the outbreak of parasitic infections causing "explosive" diarrhea across the U.S.
Chipotle is entering the land of the taco. Will Mexicans bite?
The search for the best fast-food tacos is not a quest to be taken lightly. When you’re craving them—like within 10 minutes or else—there are a plethora of options on hand. This is a great thing. The more tacos there ar…
US President Donald Trump begins widely anticipated address to the nation
US President Donald Trump is delivering a primetime address to the nation from the White House on Friday.
New Zealand Dollar rises amid sticky inflation fears, escalating Middle East tensions
NZD/USD inches higher after posting minor losses in the previous day, trading around 0.5840 during the Asian hours on Friday. The currency pair remains stronger as the New Zealand Dollar (NZD) holds its ground following…
GBP/JPY Price Forecast: Retreats from 18-year high, struggles at 220
The GBP/JPY retreats some 0.34% on Thursday after the pair reached a new 18-year high of 219.62 on Wednesday. Nevertheless, at the time of writing, the cross-pair retreated to 218.80, down 0.34%, as the Yen recovers som…
The British Pound Sterling gets a new Prime Minister and an old problem
Sterling is enduring its heaviest session of the month, with GBP/USD fading around half of one percent to just below 1.3500 after the week's advance stalled short of 1.3550 for a second consecutive day. The pullback tri…
Chinese Yuan: Upside bias toward 6.7600 against US Dollar – UOB
United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann highlight that USD/CNH downside momentum continues to build after the pair slipped to 6.7653. Intraday, there is a chance of testing major support at 6.7600 wh…
Crude Oil watches the region catch fire and still cannot clear its ceiling
West Texas Intermediate (WTI) Crude Oil is fading about one percent to just below $79.00 after a third consecutive failure at the $80.00 handle, where the 50-day Exponential Moving Average sits just above the figure and…
Kalshi to offer betting on drug trial results and FDA regulatory decisions
Move comes as prediction platforms rapidly gain popularity and offer opportunities to bet on virtually anything
WTI extends range play around $79.00; bullish potential intact amid Mideast tensions
West Texas Intermediate (WTI) – the benchmark US crude oil price – edges higher during the Asian session on Friday, though it remains confined within a multi-day-old range. The commodity currently trades around the $79.…
British Pound weakens below 1.3500 as US launches new wave of strikes against Iran
The GBP/USD pair trades on a softer note around 1.3470 during the Asian trading hours on Friday. Geopolitical tensions in the Middle East trigger risk-off market sentiment and weigh on the Cable. The preliminary reading…
Trump Media to sell early access to key social posts
Trump Media & Technology Group, which owns Truth Social, is launching a paid service to give Wall Street firms high-speed access to its most influential posts, though it is not clear if the paid service will include Pre…
South Korean Won: BoK hike and semiconductor volatility – BNY
BNY’s Geoff Yu highlights a hawkish 25bp hike by the Bank of Korea (BoK) to 2.75%, with guidance that Gross Domestic Product (GDP) and core inflation will exceed earlier forecasts. Authorities are also tightening rules …
Chinese Yuan: Gradual gains with capped upside against US Dollar – OCBC
OCBC strategists Sim Moh Siong and Christopher Wong note that USD/CNY has extended its decline on softer United States (US) Consumer Price Index (CPI) and Producer Price Index (PPI), with firmer People's Bank of China (…
Thai Baht: Overvaluation points to weakness against US Dollar - MUFG
MUFG’s Lloyd Chan notes that softer US inflation data has weakened the Dollar and lowered Fed rate hike expectations, but USD/THB has still broken above 33.50. He highlights Thailand’s low carry, deteriorating terms of …
‘Brazen corruption’: critics denounce Trump Media plan to sell priority access to Truth Social posts
Donald Trump ’s media company is planning to charge for special high-speed access to Truth Social posts, including possibly his own, affecting national security and financial markets.
I wouldn't marry him until he paid off his debt, now I'm in charge of our money
When Sarah Reeve got engaged she gave fiance Lee an ultimatum: he had to pay off his debt before she would marry him.
I wouldn't marry him until he paid off his debt, now I'm in charge of our money
When Sarah Reeve got engaged she gave fiance Lee an ultimatum: he had to pay off his debt before she would marry him.