The pound will not like Burnham as UK prime minister – Credit Agricole
The wheels have been set in motion already and with Streeting backing out, Burnham looks to be the uncontested favourite to take…
3 min readMarket News – Page 6 – Your Gateway to Global Brokers
UK politics: Streeting folds, decides to back Burnham for prime minister bid
Wes Streeting was arguably going to be Andy Burnham's number one contender for the Labour leadership but even he has now took…
1 min readUS official says in-depth discussions held, working to ensure Hormuz remains open
A US official told Al Jazeera that negotiators held in-depth talks covering all elements of the nuclear agreement, including mechanisms to prevent…
1 min readNew York Times: China set to keep shaping oil prices as it holds back on imports
China's sharp pullback in crude purchases has acted as a de facto shock absorber for global oil markets, helping explain why prices…
3 min readICYMI – Woman killed after Tesla using driver-assist system crashes into Texas home
Renewed scrutiny of Tesla's driver-assist technology following a fatal crash carries reputational and regulatory risk for the stock, particularly given the company's…
2 min readUS futures – Globex – has opened for the new week, equity indexes down, oil up
Earlier:AXIOS report that US and Iran make headway on Hormuz access ahead of technical-level talksQatar moves to contain Ras Laffan blast as…
1 min readPolitics weigh on GBP: Starmer given until Tuesday to set exit date or face mass resigns
Sterling is trading on edge in early sessions as Westminster chatter intensifies around a possible leadership change in Downing Street. The prospect…
3 min readIran military command says it's closing the Strait of Hormuz due to ceasefire violations
Iran's Khatam-al Anbiya HQ announced that the Strait of Hormuz will be closed to all maritime traffic. The military headquarters cites US…
2 min readinvestingLive Americas market news wrap: Israel and Hezbollah agree to shaky ceasefire
Israel and Hezbollah have agreed to a ceasefire to start almost immediatelyTwo killed in drone strike in Southern Lebanon after ceasefireCanada April…
2 min readFX option expiries for 19 June 10am New York cut
EUR/USD1.1500 (EUR 3.45 bn)1.1350 (EUR 1.06 bn)USD/JPY162.00 (US$ 411.07 mn)GBP/USD1.3350 (GBP 323.37 mn)USD/CHF0.7980 (US$ 593.83 mn)USD/CAD1.4000 (US$ 621.46 mn)AUD/USD0.7055 (AUD 385.01 mn)0.7000…
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