Don’t let Poundland owner maximise its return at our expense, suppliers say
British companies that supply US-owned budget retailer face millions of pounds’ worth of losses if it collapses
Economy
UK interest rates increase expected after services sector activity accelerates
Purchasing manager’s index at eight-month high, bolstered by spending on AI as firms regain momentum lost to Iran war
China pledges to reduce trade tensions with Canada
This timeline tracks the developments in the US-China relationship during President Donald Trump’s second term in office.
November Could Be a Crucial Month for Traders: Here’s Why
In his second term, President Donald Trump has set out to fundamentally restructure U.S. trade policy. On April 2, 2025, he announced sweeping tariffs on nearly all U.S. trading partners in what he branded Liberation Da…
Australian Dollar recovers as US election fallout overshadows dovish RBA signals
AUD/USD edges higher on Wednesday as the US midterm election outcome weighs on the US Dollar (USD), helping the Australian Dollar (AUD) recover from the two-week lows reached following the Reserve Bank of Australia’s (R…
‘It’s just vape shops, nail shops, charity shops’: Can anything save the British high street?
It’s 20 years since Jo and Richard Hill bought anything in Rotherham city centre. Why have they and so many locals abandoned it for the nearest retail park – and what would it take to change their minds?
Mexican Peso: Risks with Banxico on hold – Rabobank
Rabobank’s RaboResearch team, including Molly Schwartz and Christian Lawrence, expects Banxico to keep its overnight rate at 6.50% on November 5 and through 2027, even as the Federal Reserve is seen hiking. They highlig…
British Pound nears seven-week high as US elections weaken USD, BoE looms
The Pound Sterling (GBP) rallies to a seven-week high against the US Dollar (USD) on Wednesday after the US midterm elections, in which the Democrats are poised to win the US House of Representatives and the US Senate. …
EUR/USD Price Forecast: Double bottom takes shape as buyers regain control
EUR/USD attracts fresh buyers on Wednesday as the US midterm election results rattle the US Dollar (USD), helping the Euro (EUR) reclaim 1.1200. The technical picture also improves, suggesting bulls are regaining a foot…
Elon Musk's millions fail to deliver Texas for the Republicans in fierce midterms
Democrat James Talarico's resounding victory in the Texas Senate race caused a major upset in the midterms for Republicans - and for Elon Musk.
Treasuries rally as Democrats sweep into Congress
Over here, stock markets have risen this morning, with banks and clean energy stocks leading the gains. The FTSE 100 index in London is 24 points, or 0.2% ahead.
Riksbank: Policy path higher as inflation accelerates – Nomura
Nomura’s Global Markets Research team, led by Josie Anderson, George Buckley and Andrzej Szczepaniak, reviews the latest Riksbank decision to raise its policy rate to 2.00%. They highlight accelerating CPIF inflation on…
BMW warns on profits as it counts cost of plan for 8,000 job cuts
German carmaker slashes profit margin to between -0.5% and 0.5% this year in face of competition from China
Dollar falls while gold and US Treasury bonds rally as markets react to Democrats’ midterm election victory – business live
Democrats’ capture of Congress raise expectations of tougher regulation of AI sector; US stock futures turn positive, reversing earlier declines
Why is Bloom Energy stock surging today?
Bloom Energy Corp (BE) moved up by 8.79%. The Industrial Goods sector is up by 1.62%. The company outperformed the industry. Top 3 stocks by turnover in the sector: Bloom Energy Corp (BE) up 8.87%; Caterpillar Inc (CAT)…
U.S. private payrolls rise by 86,000 in October, ADP says
Automatic Data Processing's employment report released on Nov. 4 showed nonfarm private payrolls increased by 86,000 in October from the previous month. That matched September's gain of 86,000 and exceeded economists' f…
What the Democratic sweep in the midterms means for markets
Stocks, bonds, and gold are on the move as Trump’s Republican party loses the Senate and the House.
Act now to be resilient in the quantum future
Quantum computing will bring significant opportunities to the UK financial sector, but firms need to act now to prepare for a world where a viable hostile quantum computer could break today’s widely used cryptography st…
Euro extends gains nearing four-week highs amid hot Eurozone Inflation figures
The Euro (EUR) accelerates its recovery against the US Dollar (USD) on Wednesday, favoured by the combination of a sound Democratic win in the US midterm Elections and hot Eurozone inflation data.
Swedish Krona: Riksbank hikes support SEK – Societe Generale
Societe Generale notes the Riksbank’s 25bp hike to 2.0% and guidance for further tightening, keeping policy accommodative versus neutral. Updated projections imply more hikes through 2028, narrowing the differential wit…
Form 8K Eagle Nuclear Energy Corp For: 4 November
A sector analysis of the nuclear-fuel and uranium complex — the energy source the world spent decades retreating from, and is now racing back toward to power the age of artificial intelligence.
Polish Zloty: NBP caution keeps Zloty under pressure – Commerzbank
Commerzbank’s Tatha Ghose expects Poland’s NBP to leave its base rate at 3.75%, despite what he views as underlying inflation risks masked by temporary fuel tax cuts.
British Pound extends rally as Republicans lose both US Houses
The British Pound (GBP) posts a fresh seven-week high at around 1.3500 against the US Dollar (USD) in the European trade on Wednesday. The GBP/USD pair strengthens as the victory of United States (US) Democrats in both …
Gold reclaims $4,000 as Democrats’ Congress win rattles US Dollar
Gold (XAU/USD) rallies on Wednesday, reclaiming $4,000 as the US midterm results set the stage for a divided government and raise the risk of political gridlock in Washington. At the time of writing, XAU/USD trades arou…