Wednesday 06/03/24

In MACRO & CRYPTO NEWS, China announces an "ambitious" growth target and we take a look at six US swing states, prospects for Hunt's budget, the end of recession and crypto reaching new highs. In FINANCIALS NEWS, the IMF warns of US bank failures, Monzo gets its $5bn valuation and M&A shows signs of a turnaround. In RETAIL & LEISURE NEWS, Target aims for a turnaround, M&S outpaces the Germans and Greggs puts in a great performance while Starbucks suffers. In MISCELLANEOUS NEWS, Apple faces long-term pressure, Sony and Nintendo look like they'll have the field to themselves, Facebook and Instagram have outages, Tesla firefights, UK cars sales hit new highs, Eli Lilly ups capacity, IWG benefits from WFH and London rent rises slow down. AND FINALLY, I bring you some interesting tones!

 


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