- FTSE stumbles at the open
- Magnificent Seven investors embrace US/China trade agreement
- Sun shines on British retailers with April footfall up 7.2%
- Unemployment up from 4.4% to 4.5% as expected
- Sterling rises from 1 month low against the dollar
- On the Beach results highlight strong holiday demand
- US core Consumer Price Index (CPI) later today – consensus +2.8%
- Brent Crude down a touch to around $64.9 per barrel
Derren Nathan, head of equity research, Hargreaves Lansdown:
“The FTSE...
https://allaboutshipping.co.uk/2025/05/13/market-report-ftse-dips-as-uk-unemployment-inches-up/