FTSE 100 Drops in Thin Holiday Trading as NatWest Results Weigh
UK shares dropped in thin holiday trading as NatWest Group Plc fell more than 3% after reporting net interest income that came in slightly below expectations.
UK shares dropped in thin holiday trading as NatWest Group Plc fell more than 3% after reporting net interest income that came in slightly below expectations.
Japan’s government-backed lender and private bankers announced their first loans as part of the nation’s $550 billion commitment to US projects under a trade agreement with President Donald Trump.
Bloomberg Daybreak Europe is your essential morning viewing to stay ahead. Live from London, we set the agenda for your day, catching you up with overnight markets news from the US and Asia. And we’ll tell you what matters for investors in Europe, giving you insight before trading begins.
On today’s show, President Donald Trump has doubled down on the US blockade of Iranian ports, saying it’s having an “incredible” effect and Iran’s “economy is crashing”. Iran’s supreme leader has cast doubt on the chances of a deal, releasing a rare statement in which he said Iran would not give up its nuclear technologies.
The Bank of England and European Central Bank both held interest rates, but are considering hiking as soon as June to address inflation triggered by the Middle East conflict.
Today’s guests: Jane Kinninmont, United Nations Association UK, CEO; Jackie Bowie, Chatham Financial, Managing Partner & Head of EMEA. (Source: Bloomberg)
Ceres Power Holdings Plc extended a blistering rally this week, pushing one-year gains close to 1,000% as surging optimism around fuel cell technology drives the stock to multi-year highs.
The AI startup Manus, once a high-profile success story, is turning into a cautionary tale for Chinese entrepreneurs after Beijing authorities ordered Meta to unwind its $2 billion takeover of the company. Newley Purnell reports. (Source: Bloomberg)
Bloomberg TV’s Haidi Stroud-Watts moderates a panel featuring Westpac Chief Economist Luci Ellis, Ten Cap Founder and Lead Portfolio Manager Jun Bei Liu, and Goldman Sachs’ Head of M&A for Australia and New Zealand, Marissa Freund. Together, they explore how shifting geopolitical dynamics could shape Australia’s inflation outlook and what equity and financial market investors should prepare for in the months ahead. (Source: Bloomberg)
Oil jumps on report President Donald Trump will be briefed later on Thursday on plans to strike Iran
“We have all of our financial accounts joint except for our IRAs.”
Core inflation is too sticky for the Fed to ease and it’s likely to remain that way until events in the Middle East stabilize, says Morgan Stanley.