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Week ahead: US CPI, earnings season, Tsy's Yellen, Nordstream 1 in focus
All eyes over the coming week will be on US consumer price data for June.
Europe close: Stocks end week mostly on an up note
European shares were mostly higher on Friday as investors digested the latest and apparently stronger-than-expected monthly US jobs data and political developments in London after the ill-tempered resignation, but not departure, of UK Prime Minister Boris Johnson.
Europe midday: Shares mixed ahead of US payrolls data
European shares were mixed on Friday as investors eyed monthly US jobs data later in the day and political developments in London after the ill-tempered resignation, but not departure, of UK Prime Minister Boris Johnson.
Sector movers: Cyclicals pace gains after stronger-than-expected US jobs data
Autos&Parts, Industrial Transportation and Construction stocks paced gains in the last session of what turned out to be a slightly positive week for the FTSE 350.
London close: Stocks nudge up as payrolls ease recession fears
London stocks ended just in the black on Friday as the latest US non-farm payrolls eased concerns about a US recession, and as investors continued to mull the impact of Prime Minister Boris Johnson’s exit.
US non-farm payrolls growth slows to 372,000 in June
US non-farm payrolls growth slowed to 372,000 during the month of June. , although some economists noted that an alternate measure of labour demand contained within the same report came in much softer.
FTSE 250 movers: Vistry up on upbeat outlook; WoS running slow
The FTSE 250 was up 0. 18% at 18,841. 74 at 1519 BST.
Uniper calls for bailout from German government
German energy giant Uniper has called for a government bailout amid an ongoing natural gas crisis stemming from the war in Ukraine.
FTSE 100 movers: Harbour Energy, JD Sports rally
London’s FTSE 100 was down 0. 3% at 7,167. 63 in afternoon trade on Friday.
Director dealings: JTC CFO raises stake
JTC revealed on Friday that chief financial officer Martin Fotheringham had acquired 12,437 ordinary shares in the FTSE 250-listed management services company.
US open: Stocks lower following nonfarm payrolls report
Wall Street stocks were in the red early on Friday as investors digested last month's nonfarm payrolls report.
Harbour Energy's largest shareholder EIG distributes some of its stake
Oil and gas company Harbour Energy said on Friday that its biggest shareholder, EIG, has distributed some of its stake in the company to investors, reducing its interest from 37% to 16%.
Broker tips: WPP, Ferrexpo, Persimmon
Analysts at Berenberg lowered their target price on media giant WPP on Friday from 1,230. 0p to 915. 0p and reiterated its 'hold' rating on the stock, stating it was "not yet time to buy".
Barclays upgrades Ferrexpo to 'equalweight'
Barclays upgraded Ferrexpo on Friday to ‘equalweight’ from ‘underweight’, highlighting a cheap valuation.
Vistry sees margins ahead of target as demand soars
House builder Vistry said it expected price rises to drive margins above full year targets after a better-than-expected first half driven by strong demand.
Stagecoach Merseyside bus workers to take all-out strike action
Bus workers at Stagecoach Merseyside will take all-out strike action in a dispute over pay, the Unite union has said.
Bitcoin and cryptocurrencies rally, are they headed to $23,000 and $25,000?
Bitcoin (BTC), Ethereum (ETH) and the cryptocurrency market in general embarked on a bullish rally that has seen more than $60 billion in purchases enter the digital tokens in 24 hours, bringing the total value of these assets to $970 billion, a rise of 5%. This advance translates into gains for Bitcoin of around 8% and a rise to $22,000, a resistance level it has broken to set three-week highs, opening the door for a continued bull run to $23,000 and then $25,000.
Former Japan PM Shinzo Abe assassinated
Former Japanese Prime Minister Shinzo Abe is confirmed to have died from this morning’s shooting, public broadcaster NHK reported, citing officials.
Too soon to position aggressively for interest rate cuts, BofA says
Strategists at BofA Securities highlighted the recent "big rotation" into technology issues, those of the biotechnology sector in particular.
BofA thinks euro-dollar parity 'likely', recommends US investors hedge
Foreign exchange strategists at Bank of America Securities thought euro at parity against the US dollar was "likely".