
David Goodman
Economy Reporter at Bloomberg News
Markets Today. Updates on everything and anything that matters for UK markets on @BloombergUK Views mine, RTs ≠ endorsements. [email protected]
Articles
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2 weeks ago |
bloomberg.com | David Goodman |Simon Kennedy |Subramaniam Sharma
Obviously the open for US futures is the one that stands out from that list, given the major moves we saw in stocks last week, but the start of FX trading may give us some solid clues about what’s to come. Of particular interest will be the yen, to see how strong the demand for havens is at the start of the week, and the Aussie dollar, a proxy for risk. The Aussie had its worst day since the 2008 financial crisis on Friday, falling nearly 5%.
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3 weeks ago |
bloomberg.com | Sam Unsted |Morwenna Coniam |David Goodman
The bottom line for strategists on the US tariff announcement is that it was worse than expected, will deliver a hit to the US economy and will mean that things are going to get worse before they get better for stock markets. Barclays strategists said that that risk around tariffs has largely been priced in by markets, but the risk of a global recession hasn’t.
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3 weeks ago |
bloomberg.com | Sam Unsted |Morwenna Coniam |David Goodman
Back in the UK, there’s a big merger in the packaged food industry in the offing. Sandwich and salads maker Greencore has reached an agreement in principle to buy ready meals supplier Bakkavor. Greencore will buy Bakkavor in cash and shares, valuing the latter at about £1.2 billion. It translates to about a 33% premium to Bakkavor’s share price on March 13, the day before the pair started talking.
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3 weeks ago |
bloomberg.com | Sam Unsted |Morwenna Coniam |David Goodman
LiveUpdated3m agoJoin the Markets Today team -- Sam Unsted, Morwenna Coniam and Dave Goodman -- for news and analysis vital to UK markets.
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1 month ago |
bloomberg.com | Sam Unsted |Morwenna Coniam |David Goodman
No reaction in the pound on in FTSE 100 futures on the data, not surprising given all the key readings are bang in line with what economists expected.
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I know there are bigger things happening in UK markets today, but this Harry Potter exchange in the BOE's first MPC meeting after the Brexit vote is really something. (The rest of the transcripts are fascinating too) Read more here: https://t.co/158fOcan23 https://t.co/7OOV8lQZQ4

RT @lizzzburden: With the ferocious gilt selloff spreading to stocks and sterling, Chancellor @RachelReevesMP joined me on @BloombergTV to…

RT @lizzzburden: I'll be hosting a post-Budget live Q&A -- a new feature on Bloomberg! -- with @John_Stepek, @_DavidGoodman and @MorwennaCo…