Allies close to UK PM's Chief Secretary Jones, say he is backing the PM and wants to get on with the job (contrasts earlier reporting), Bloomberg's Mayes reports
This update suggests a shift in support for UK PM Johnson, with Chief Secretary Jones reaffirming his backing.
[MARKET UPDATE] Downside across crude continues despite a lack of fresh drivers; Brent Jul'26 fell from USD 104.80/bbl to USD 104/bbl over 30 minutes; equities grind higher as a result
Fiserv (FISV) FY adj. EPS view 8-8.30 (exp. 8.13)
Allies close to UK PM's Chief Secretary Jones, say he is backing the PM and wants to get on with the job (contrasts earlier reporting), Bloomberg's Mayes reports
Fed's outgoing Miran does believe that PCE inflation, particularly with housing, and will converge down to normal levels and reiterates his rate cut calls based on the lag of monetary policy
Fed's Miran (Voter, Dove) says believe that PCE inflation, particularly with housing, will converge down to normal levels; reiterates rate cut calls based on the lag of monetary policy
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This could influence market sentiment regarding UK political stability, especially if it contrasts previous doubts about the government's cohesion. Investors may want to keep an eye on related assets, particularly GBP and UK equities, as political clarity could impact market direction.
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