FTSE 100 Price Outlook – Multi-Month Rally Boosted by UK Local Election Results

The FTSE 100 hit a fresh 14-month high in early trade as the ruling UK Conservative Party won the previous Labour stronghold of Hartlepool for the first time.

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EUR/GBP Holding to Ascending Triangle, Awaiting Scottish Election Results

EURGBP bounces higher after BoE meeting, with focus on whether SNP get a majority in Scotland

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Gold Prices May Retreat as US Jobs Data Flags Sticky Wage Inflation

Gold prices surged before April’s US jobs report but the move may unravel if wage inflation proves stickier than expected, stoking bets on sooner Fed stimulus withdrawal.

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Indian Rupee Gains May Not Last After Banking System Dollar Glut, USD/INR Eyes CPI

The Indian Rupee has been rising despite a surge in local Covid cases, owing to rising yields amid a temporary flood of US Dollars into the banking system. INR remains at risk, eyeing CPI data.

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