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The Markets
by Proactive
Proactive UK has moved.
Coverage of London’s small caps continues on proactiveinvestors.com
Go to Proactive UK
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK
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The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK

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FIVE at FIVE: Inflation boost, FTSE turnaround, gold surge, buyback warning, Nike targeted

1. Bank of England rate cut 'on a knife edge' as UK inflation eases

Headline UK inflation eased last month, though economists said the BoE has a lot to think about.

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2. FTSE 100 turns around and ends higher on seesaw day

London's blue chip index cut early lossed and finished up 26.5 points at 8,275.6, as gains for precious metals miners, housebuilders and oil companies offset a big fall for Bunzl.

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3.Gold romps to new high on further investor flight to safety

The gold price surged to a new high above $3,300 as financial markets moved money out of riskier assets.

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4. Bunzl loses tons on profit warning due to trade hiccups in North America

The distributor was the biggest faller on the FTSE, down 27%, a sharp fall in first-quarter profit was accompanied by the full-year outlook being lowered and its share buyback programme terminated, which some analysts worried could escalate to a wider trend.

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5. Nike, Lululemon and LVMH targeted by China factories offering knockoffs

An interesting trend, since Donald Trump slapped massive tariffs on his main trade target, many in China have been taking to TikTok to advertise knockoffs claimed to be made on the same production lines used by the Western giants.

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The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK