Why Major Currencies and Gold are Safe Havens in Times of Crisis
In times of economic uncertainty and global turmoil, investors often seek out safe haven assets to protect their wealth and minimize risk.
US Dollar Playbook: Technical Setups for EUR/USD, AUD/USD, USD/JPY
The greenback appears to be buoyed by a recent safe haven bid amid the Israel-Iran conflict. The dollar remains strong at a time of rapidly changing rate cut bets
GBP/USD Extends Losses as UK Labor Market Shows Signs of Weakness
The UK jobs market is getting tougher, adding pressure on the Bank of England to cut interest rates. Wednesday’s UK inflation data now becomes key.
Exclusive: Laybuy up for sale after turbulent time on public markets
Buy-now pay-later firm Laybuy has put itself up for sale and is hunting for potential buyers following a turbulent few years on the public markets, City A.M. can reveal.
Everyman: Dune 2 and Bob Marley films will help cinema ‘outperform’ in 2024
In its full year 2023, Everyman reported double digit revenue and profit growth, sending shares up over four per cent on Tuesday.
Biometric systems used to monitor staff data now under review after ICO clampdown
The regulator investigated the company and found it was “unlawfully” processing the biometric data of more than 2,000 employees at 38 leisure facilities.
PwC Hong Kong denies claims about China Evergrande audits in anonymous letter
PwC Hong Kong has denied claims set out in an anonymous letter circulating on Chinese social media about its audit work for property developer China Evergrande Group.
Superdry and Dr Martens shares tank on London exits and fears for the future
Shares in Superdry tanked by over 33 per cent following an announcement by the company that it would bid adieu to the public market as part of a scramble to stay alive.
IMF says the UK will be the fastest-growing major economy in Europe next year
The projections suggest the UK economy is unlikely to generate much momentum this year, and will lag all G7 economies apart from Germany.