Author: JobBroker

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Sterling on track for weekly gains after election, BOE

Sterling on track for weekly gains after election, BOE

Sterling was a touch higher versus the dollar and steadied against the euro on Friday, but was on track for weekly gains against both as traders watch [...]
Britain proposes new structure to tackle illiquid fund flaws

Britain proposes new structure to tackle illiquid fund flaws

Britain on Friday put forward a new long-term asset fund structure to invest in illiquid assets such as real estate and infrastructure, following rece [...]
UK construction keeps up rapid growth in April as lockdown lifts – PMI

UK construction keeps up rapid growth in April as lockdown lifts – PMI

British construction activity expanded quickly last month, almost matching the six-and-a-half-year record struck in March as a lifting of coronavirus [...]
Fed Risk Warning, Payrolls, Energy Transfer Windfall – What’s Moving Markets

Fed Risk Warning, Payrolls, Energy Transfer Windfall – What’s Moving Markets

The Federal Reserve starts to get nervous about high asset prices and leverage, nonfarm payrolls are expected to hit nearly 1 million in April, and st [...]
Blackstone proposes $1.68 billion buyout of UK’s St. Modwen Properties

Blackstone proposes $1.68 billion buyout of UK’s St. Modwen Properties

Private equity firm Blackstone (NYSE:BX) Group has made a 1.21 billion pound ($1.68 billion) buyout proposal for St. Modwen Properties, the companies [...]
British Airways owner IAG expects travel recovery from July

British Airways owner IAG expects travel recovery from July

British Airways owner IAG (LON:ICAG) is confident travel will recover from July onwards after forecasting only a minimal increase in its capacity to 2 [...]
Adidas shrugs off China boycott call to raise outlook

Adidas shrugs off China boycott call to raise outlook

German sportswear company Adidas (DE:ADSGN) shrugged off Chinese calls in March for a boycott of its products and raised its 2021 sales forecast on Fr [...]
FTSE 100 set for best week since April on recovery hopes

FTSE 100 set for best week since April on recovery hopes

London's FTSE 100 rose on Friday and was on track for its best weekly performance in a month, as hopes of a stronger economic recovery powered energy [...]
Oil prices climb as China, U.S. economic data lift markets

Oil prices climb as China, U.S. economic data lift markets

Oil prices recovered after a 1% dip in the previous session on buoyant economic data from China and the United States, even as the surging COVID-19 pa [...]
Oil Heads for Back-to-Back Weekly Gain as Commodities Power On

Oil Heads for Back-to-Back Weekly Gain as Commodities Power On

Oil headed for a second straight weekly advance as investors bet on rising energy demand amid a broad rally in commodities, with robust trade data fro [...]
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