PoundSterlingLIVE – Official White House Photo by Molly Riley The Dollar continues to benefit from growing hopes of further U.S. trade deals; however, its strength should be limited. There was no lasting boost to the British Pound from news of a UK-U.S. trade ...
Most Asian currencies weakened on Friday, pressured by a rebound in the dollar amid increased bets on a deescalation in U.S. President Donald Trump’s trade policies. The Chinese yuan showed little reaction to stronger-than-expected Chinese trade data for April, whic...
Most Asian stock markets climbed on Friday, led by Japan, as a new U.S.-UK trade deal framework sparked hopes for tariff negotiations with other countries, especially China. Investors also assessed China’s monthly trade balance data to assess the impact of hefty U....
Gold prices rose in Asian trade on Friday, rebounding slightly from two days of sharp losses, as investors weighed the impact of the U.S.-UK trade framework deal and cautiously awaited upcoming China trade talks. Gold fell in early Asia hours, but reversed course to...
Bitcoin surged on Friday, extending a recent rally above key levels as risk appetite was boosted by U.S. President Donald Trump announcing a trade deal with the UK and touting some hopes for a tariff deescalation with China. The world’s largest cryptocurrency was pr...
The U.K. plans to impose new sanctions on a fleet of Russian oil tankers believed to be helping Moscow sidestep existing restrictions on energy exports. In a Friday press release, U.K. Prime Minister Sir Keir Starmer said that up to 100 vessels—linked to more than £...
The recently announced U.S.-UK trade deal may not herald a wider deescalation in tariffs, ING analysts warned in a Thursday note, stating that progress with China was the only thing that could move the dial. While ING did note that the UK deal reflected flexibility ...
Aker ASA (OL:AKER) on Friday reported a profit before tax of NOK 741 million for the first quarter of 2025, supported by gains from asset sales and dividend income, according to its financial statement published Friday. The Norwegian industrial investment firm said ...
International Consolidated Airlines Group (LON:ICAG) (IAG) on Friday reported first-quarter operating profit before exceptional items of €198 million, exceeding the company-compiled consensus estimate of €133 million by about 49%. IAG’s passenger revenue per availab...
Shares of Energias de Portugal (EDP) saw an approximate 5% increase following the announcement of a stronger than anticipated first quarter net profit. The company, Portugal’s largest utility, reported a 21% increase in Q1 net profit, a development attributed to hea...
