LONDON, April 23 Reuters Sterling rebounded on Friday from a sharp fall on Thursday after strong retail sales data and business surveys showed Britains economy might already be recovering from its worst annual contraction in 300 years. British retail sales rocketed last month as consumers prepared for a partial lifting of coronavirus lockdown restrictions, according […]

PARIS, April 23 Reuters Shares in Vivendi rose on Friday after the French media conglomerate, which is controlled by billionaire Vincent Bollore, posted higher first quarter sales. Vivendis shares were up by 1.5 in early session trading, while the shares of Groupe Bollore also edged up 0.5. Vivendis sales were lifted by the prolonged strong […]

April 23 Reuters European stocks were on track for their first weekly loss in eight on Friday as a surge in global coronavirus cases offset optimism about a strong earnings season, while Madridbased Allfunds jumped in its Amsterdam market debut. The panEuropean STOXX 600 slipped 0.2 and was on course for a 0.8 weekly drop. […]

Rates as of 0500 GMT Market Recap Not much movement in the FX world overnight. EUR was particularly quiet, given that there was a European Central Bank meeting yesterday you wouldnt know it by looking at the rates. Thats because the policy statement following the meeting was largely unchanged and the press conference waswell, just […]

The author is editoratlarge for finance and markets at Reuters News. Any views expressed here are his own LONDON, April 23 Reuters For all the bad press, muchmaligned hedge funds have had their best start to the year in decades, while mixed stock and bond funds flattered to deceive and even macro hedge funds are […]

Pre-trade transaction cost analysis (TCA) is still new to the fixed-income space but is growing in popularity.

The GBP has halted its decline against the dollar on strong retail sales data for March. The Office for National Statistics reported a 5.4 mm rise in sales last month and a 7.2 rise on the same month a year earlier. Stronger than expected 1.5 growth was forecast, they indicate that the UK is returning […]

Study urges ‘appropriate interventions and feasible policies’. Researchers say individual site regulation policies may help.

The ECB kept policy unchanged, which helped the euro develop intraday gains right up to Lagardes press conference. However, the European Central Bank presidents comments should be seen as very dovish, weighing on the euros strength. It wont be surprising if we soon see a new battle for 1.2000 in EURUSD. In particular, Lagarde has […]

SPACs, are growing in popularity: They raised nearly $26 billion of share sales in January, compared with $13.6 billion in all of 2019.