GBP/JPY slumps back to 154.00 level as risk-off flows, weak UK data hit sterling and lower yields, safe haven demand help yen
GBP/JPY fell sharply on Friday and heavy downside in the global equity market and commodity space weighed on more risk-sensitive currencies such as st
Read More »Facebook faces $3.2 billion UK class action over market dominance
Original source: https://www.investing.com/news/stock-market-news/facebook-faces-32-billion-uk-class-action-over-market-dominance-2738706
Read More »UK new car sales in 2021 were down nearly 30% on pre-pandemic levels
Data from the industry group shows: 1.65 million new cars were registered in Britain in 2021, 1.0% more than in 2020 but 28 7% fewer than in 2019 SMMT comments:…
Read More »Mixing Pfizer, AstraZ COVID-19 shots with Moderna gives better immune response – UK study
Original source: https://www.investing.com/news/stock-market-news/mixing-pfizer-astraz-covid19-shots-with-moderna-gives-better-immune-response–uk-study-2701918
Read More »GBP/USD: Brexit woes, firmer yields favor sellers near 1.3400, UK/US PMIs eyed
GBP/USD consolidates losses made during the last two days around 1.3400 during the initial Asian session on Tuesday. While US President Joe Biden’s no
Read More »UK’s NatWest to tighten coal sector lending in gradual phase out
Original source: https://www.investing.com/news/stock-market-news/uks-natwest-to-tighten-coal-sector-lending-in-gradual-phase-out-2667198
Read More »Recap October 31: Europe Tests Electric Blackout, Strong Solar Storm, Food Costs Surging 100-300% (Recap Ep147)
These are some of the most outstanding news this week: As of Thursday, in the U.S. stock market, forecast-beating results have helped ease investors’ worries that supply-chain difficulties would dent…
Read More »CD&R wins $10 billion auction for UK supermarket Morrisons
Original source: https://www.investing.com/news/stock-market-news/cdr-wins-10-billion-auction-for-uk-supermarket-morrisons-2632964
Read More »UK car production -27% y/y in August – semiconductor chip shortage
Data from the Society of Motor Manufacturers and Traders (SMMT) in the UK. The drop caused by: And the outlook is not positive for the coming months, or more, SMMT says:
Read More »UK warned visa plan to fix truck driver shortage will not solve crunch
Original source: https://www.investing.com/news/stock-market-news/uk-warned-visa-plan-to-fix-truck-driver-shortage-will-not-solve-crunch-2626581
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