TD Securities notes that the UK Composite PMI climbed back into expansion at 52.1 in July, led by Manufacturing strength and a Services PMI recovery to 51.8. Input cost inflation eased and business confidence hit its highest since February. Retail Sales also surprised to the upside, rising 1.0% month-on-month in…
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BNY’s Geoff Yu notes that Brent has retreated slightly below $100 but remains supported by renewed Middle East tensions, Red Sea and Strait of Hormuz disruptions, and Kazakhstan’s export halt. Institutional flows show high-conviction re-accumulation of energy exposure from a still-depleted base. The report stresses that the oil surge is feeding directly into inflation and interest rate anxiety, with yields rising.Energy flows rebuild as risks rise”Institutional energy flows have shifted decisively from liquidation to re-accumulation,…
Gold price (XAU/USD) drifts higher on Friday as the Greenback stands firm, even as growing…
President Donald Trump’s plans for H-1B visas are running into legal roadblocks.A federal appeals court…
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In “The Odyssey,” Odysseus and his men arrive on a beach in search of provisions and find an unpleasant surprise in the form of angry giants, who proceed to kill a bunch of the men.Much like the Greeks’ deadly surprise, a handful of unfortunate moviegoers are sailing blindly into treacherous…
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The artificial intelligence (AI) race is intensifying as developers push for increasingly capable AI tools and companies race to deploy AI tools to take advantage of its efficiency gains and reap financial benefits – but a new report warns companies lack sufficient governance for AI tools. This week saw a…
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The lobby brought the outside in with furniture resembling tree trunks, potted plants of all sizes, and what Brandenberg calls a “living wall of greenery” climbing two stories high behind a reclaimed timber-and-stone staircase.As I stepped inside, a soothing soundtrack made me feel like I was in some kind of…
