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Latest News
07 May
sundays
Sunday newspaper round-up: Lower growth, French election, PPI extension, Sky

The Bank of England is set to lower its growth forecasts this week after the economy faltered in the first quarter. The slowdown leaves a pre-Brexit interest rate rise looking increasingly unlikely, although inflation is already above the Bank’s 2% target and expected to rise further, the Sunday Times reported.

07 May
Supergroup, CEO Euan Sutherland and founder Julian Dunkerton, fashion retail
Sunday share tips: Supergroup, Rank, Venture Life

SuperGroup is a share to 'avoid', said the Sunday Times' Inside the City column, even though this week's results should show another strong quarter. The Japanese-styled youth fashion brand with its Superdry logo has grown impressively since being founded in 1985 to over 700 stores now. Boss Euan Sutherland took over with a mission to take the brand upmarket and into sportswear, shoes and accessories and more than half of revenues coming from abroad.

07 May
Wall street america US USA signs
US close: S&P 500 ends week at record despite equity outflows, selling in commodities

Wall Street's main stockmarket gauges ended higher on Friday after what some economists labelled a "solid" jobs report for the month of April, with the S&P 500 notching up fresh record highs.

07 May
cbfed9292
Bonds: Treasuries edge higher despite solid US jobs report for April

These were the movements in some of the most widely-followed 10 year sovereign bond yields: US: 2. 35% (-1bp)UK: 1. 12% (+0bp)Germany: 0. 42% (+2bp)France: 0. 85% (+2bp)Italy: 2. 17% (-9bp)Spain: 1. 56% (-4bp)Japan: 0. 02% (0bp)Greece: 5. 84% (-13bp)Portgal: 3. 39% (-3bp).