ING’s Francesco Pesole highlights that Andy Burnham’s by-election win paves his way to become UK Prime Minister, with betting markets expecting a transition by late summer. The absence of a political risk premium in Pound assets suggests investors see limited fiscal disruption. ING maintains a generally bullish stance on EUR/GBP,…
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Deutsche Bank’s Galina Pozdnyakova, Jim Reid and Luke Templeman highlight that next week’s main macro focus will be global flash PMIs and several key inflation releases. They note particular attention on the US May PCE report, alongside the Ifo survey in Germany, Tokyo CPI in Japan, and CPI reports in Canada and Australia.Flash PMIs and global CPI releases”The global flash PMIs will be amongst the main data highlights next week.””In the US, the focus will…
Chris Gayomali has long been a fashion guy, but in the last few years, he’s…
EUR/USD stages a rebound on Friday as a pullback in the US Dollar (USD) helps…
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Every brand wants Gen Z to think it’s cool. KFC’s design chief thinks that’s the wrong goal.”It’s all about Gen Z, Gen Z, Gen Z,” Christophe Poirier, KFC’s global chief concept officer, told Business Insider.As KFC rolls out a sweeping global overhaul spanning new menu items, drinks, restaurant designs, and…
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The Department of Justice is investigating transactions tied to a business network linked to Iranian Supreme Leader Mojtaba Khamenei that reportedly had exposure to major U.S. financial institutions, according to a Bloomberg News report. Bloomberg reported federal investigators are examining how companies connected to Khamenei built a global investment portfolio…
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Welcome to the summer of sauerkraut.Several prominent men in President Donald Trump’s cabinet — including Vice President JD Vance, Transportation Secretary Sean Duffy, and Commerce Secretary Howard Lutnick — have been loading up on the fermented food lately in an effort to slim down and improve their gut health, The…
