Tuesday 02/07/24

In MACRO NEWS,both US presidential candidates have problems, we look at the impact of the French election result and how the next UK government is going to benefit from a fall in inflation and fuel prices. In MANUFACTURING & LOGISITICS NEWS, Italian luxury houses have labour issues, mysterious deaths cast a shadow over Northvolt, UK manufacturing growth slows down, Boeing's acquisition puts Belfast jobs in doubt, Harland & Wolff suspends share trading while Shein and Temu push airfreight rates higher. In CONSUMER & EMPLOYMENT-RELATED NEWS, UK house prices ticked up in June, shop price inflation slowed down, British grads are warned of a potential "white-collar recession" and Morgan Stanley became the latest investment bank to ditch the bonus cap. In MISCELLANEOUS NEWS, Meta faces more regulatory pressure, Air France-KLM takes a hit from Olympic-avoiders, Hindenburg gets bullied by Indian regulators, Fox launches Tubi in the UK and Revolut's profits hit a new high. AND FINALLY, I bring you some amazing Spanish guitar...

 


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