UK inflation underwhelms in April but it comes with some major caveats
CPI +2.8% vs +3.0% y/y expected Prior +3.3% CPI +0.7% vs +0.9% m/m expected Prior +0.7% Core CPI +2.5% vs +2.6% y/y expected Prior +3.1% Core CPI +0.7% vs +0.8% m/m expected Prior +0.4% A note of this report from earlier: There will be more to the UK CPI report than what meets the eye […]
Prediction: Nvidia stock will top $500 by 2029, says this FTSE fund manager
Image source: Getty Images Nvidia (NASDAQ:NVDA) hasn’t really taken part in the mind-boggling chip stock rally in recent weeks. Speaking as a shareholder, that’s been a tad frustrating. That said, a 62% share price jump over the past year isn’t anything to grumble about. Nvidia isn’t far below an all-time high of $236. However, one […]
What are the main events for today?
EUROPEAN SESSION In the European session, the main highlight was the UK CPI report. The data came out lower than expected across the board, even the monthly figures that were not impacted by base effects and other caveats. Nonetheless, the increases in April were still higher than March, so the big picture trend is still […]
How much passive income does £10,000 of Legal & General shares make?
Image source: Getty Images Legal & General (LSE:LGEN) shares are one of the most talked-about income opportunities on the FTSE 100 right now. But how much passive income does a £10,000 investment actually put in my pocket? At today’s share price of around 264p, £10,000 buys roughly 3,789 shares. And at the current payout of 21.79p per […]
Panda Trading Systems Retains Citizens Capital Markets & Advisory as Strategic Advisor
Panda Trading Systems (“Panda” or the “Company”), a leading global provider of B2B trading technology and brokerage infrastructure solutions, today announced that it has retained Citizens JMP Securities, LLC (“Citizens”) as its exclusive strategic and capital structure advisor. In this role, Citizens will assist the Company in evaluating a broad range of strategic alternatives intended […]
Here’s how much £5,000 of Rolls-Royce shares bought on 1 January would be worth now…
Image source: Rolls-Royce plc We’re almost halfway through 2026 and the Rolls-Royce (LSE: RR.) share price has barely moved. In fact, a £5,000 investment into Rolls-Royce shares on 1 January would be worth only £5,128 now (dividends included). That’s just £128 profit in almost five months. You’d maybe have done better collecting change on the […]
PBOC is expected to set the USD/CNY reference rate at 6.8072 – Reuters estimate
The People’s Bank of China is due to set the daily USD/CNY reference rate at around 0115 GMT (2115 US Eastern time), a fixing that remains one of the most closely watched signals in Asian foreign exchange markets. China operates a managed floating exchange rate system, under which the renminbi (yuan) is allowed to trade […]
‘Relics of the past’: The old guard of Georgia’s GOP has fallen
The MAGA takeover of the Georgia GOP is nearly complete. The old-guard of the Republican Party in Georgia has fallen after withstanding MAGA’s furor since 2020, replaced by a new breed of candidates — up and down the ballot — closely aligned with President Donald Trump. On Tuesday, the Trump allies marched on: Trump-backed Lt. […]
FX option expiries for 20 May 10am New York cut
There is just one to take note of on the day, as highlighted in bold below. That being for EUR/USD at the 1.1600 level. The expiries don’t tie to any technical significance but could just help to lock price action for a bit in European trading, provided the risk mood keeps more tepid. As things […]
The People’s Bank of China has left its Loan Prime Rates (LPR)s unchanged for the 12 month
The People’s Bank of China is due to set its Loan Prime Rate on Wednesday, with markets widely expecting both the one-year and five-year tenors to remain unchanged for a twelfth consecutive month. The one-year LPR, the benchmark for most corporate and household lending, has been held at 3.0% since May 2025, while the five-year […]
