Friday 17/05/24

In MACRO, MARKETS, COMMODITIES & CRYPTO NEWS, we look at the implications of the Putin/Xi meeting, Japan's GDP contracts faster than expected, Dutch government looks set to cause ructions with Brussels, Sunak hopes for a miracle, the Dow hits a new high, there's more oil consolidation, Chevron pulls out of the North Sea, Copper looks vulnerable and the CME considers bitcoin trading. In RETAIL, CONSUMER GOODS & LEISURE NEWS, Walmart sees sales growth, JD.com beats estimates, Shein turns to London, Watches of Switzerland bets on US growth, Under Armour wobbles, Premier Foods booms and EasyJet is positive. In TMT NEWS, Microsoft offers relocation, Meta's under EU pressure, Sony warns global tech, TikTok takes an interesting turn, Reddit surges and BT wrong-foots the naysayers. In MISCELLANEOUS NEWS, fixed-rate mortgages costs fall and Love Islanders are charged. AND FINALLY, I bring you an amazing table tennis rally and a song that I just can't get out of my head...

 


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