Susannah Streeter- UK CPI inflation rose to 3.5% in April, slightly higher than expected, up from 2.6% in March.
- Pound rises, putting pressure on the overseas earnings of London-listed multinationals
- Markets now only fully pricing in one interest rate cut this year.
- Geopolitical risk back on the agenda as Israel reportedly prepares to strike Iran.
- Gold rises to two-week highs, and Brent Crude jumps 1% amid supply disruption forecasts.
- JD Sports reveals fall in underlying sales in the first...
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