Wednesday 07/06/23

In MACRO NEWS, we look at the Ukrainian dam breach and its consequences, the World Bank touts its views and Australia gets a shock interest rate rise. In CONSTRUCTION & REAL ESTATE RELATED NEWS, UK construction activity increases, we look at why the housing market rebound may not last, how Paragon shows that the buy-to-let market isn't dead yet and why big companies want to downsize office space. In FINANCIALS NEWS, Sequoia splits out its China business, ESG funds see record outflows and a deal drought leads to consolidation among investment banks. In INDIVIDUAL COMPANY NEWS, Microsoft/Activision seek a way forward, PGA caves to the Saudis in consolidation with LIV and Asos gets abandoned by suppliers while Frasers Group ploughs more in. AND FINALLY, I bring you the ten types of magic...


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