Pound loses steam after two weeks of gains

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Yahoo Finance UKTrending tickers: Bitcoin | Spotify | Gold | UberThe latest investor updates on stocks that are trending on Monday. PA Media: MoneySpotify to axe 1,500 jobs to cut costsThe technology firm said it will axe 17% of its workforce to be more efficient in the face of slower growth. Ad•Experte SolarWhy this ad?Ad feedbackWhy don’t you like this ad?SubmitThank you for your feedback. We will remove this and make the necessary changes.Ad”Solar lohnt sich nicht:” was viele Hausbesitzer nicht… Fool.co.ukHow much do I need to invest to make a living from the stock market?Jon Smith considers not only how he could make a living from the stock market but also the numbers needed to turn it from a dream to reality. The post How much do I need to invest to make a living from the stock market? appeared first on The Motley Fool UK. CityAMTwo CEOs of specialist insurer set to leave after investigation by Lloyd’sThe CEO of CFC Group and the CEO of CFC Underwriting are leaving the company after an investigation by Lloyd’s into allegations of non-financial misconduct PA Media: MoneyBan water company chief executive bonuses, Labour to tell CommonsThe party will table a motion and call on the Government to take further action on sewage. Ad•Keto Gummis 2023Why this ad?Ad feedbackWhy don’t you like this ad?SubmitThank you for your feedback. We will remove this and make the necessary changes.AdAbnehm Gummis im Test 2023: Der Gewinner überrascht alle…Wir haben die beliebtesten Abnehmgummis einer eingehenden Analyse unterzogen.Der Gewinner überrascht alle. Top 5 Abnehm Gummibärchen im Vergleich… ReutersBitcoin rises above $42,000 for first time since April 2022LONDON/SINGAPORE/NEW YORK (Reuters) -Bitcoin rose on Monday, briefly surpassing $42,000 to reach a 20-month high, in a new surge of momentum fueled by U.S. interest rate cut expectations and traders betting that American regulators will soon approve exchange-traded spot bitcoin funds. Bitcoin’s gains lifted the shares of cryptocurrency-related companies, as well as exchange-traded funds (ETFs) listed in the United States. Coinbase jumped 7% and Microstrategy gained 6.3%, while bitcoin miners such as Riot Platforms, Marathon Digital and CleanSpark rose between 7% and 13%. PA Media: MoneyLabour’s £28bn green plans subject to fiscal rules, says StarmerSir Keir Starmer used a speech to warn that a Labour administration will not be able to ‘turn on the spending taps’. Yahoo Finance UKBehind the brand: Lush, the storytelling cosmetics retailerFrom bath bombs to Snow Fairy success, UK beauty and cosmetics retailer Lush continues to innovate. Ad•Roeck Winter-BarfußschuheWhy this ad?Ad feedbackWhy don’t you like this ad?SubmitThank you for your feedback. We will remove this and make the necessary changes.AdWeihnachtsangebot: Kostenlose Winter-Barfußschuhe – nur…Geschäftsführer Christoph R. von Röck – Performance aus Österreich verschenkt gefütterte Winter-Barfußschuhe an seine Kunden, um Freiheitsgefühl… PA Media: MoneyRail passengers facing disruption as driver strikes continueMembers of the train drivers’ union Aslef at c2c and Greater Anglia will walk out, followed by strikes in the coming days at other train operators. Car and DriverView Photos of the 2020 Tesla Model XView interior & exterior photos of the 2020 Tesla Model X. ReutersEuro zone investor mood improves but upswing elusive -surveyInvestor morale in the euro zone improved at the start of December for the third month in a row, although it remained uncertain whether this was the start of a long-term trend reversal, a survey showed on Monday. Sentix’s index for the euro zone rose to -16.8 points from -18.6 in November, falling short of the -16.4 December reading forecast in a Reuters poll of analysts. Sentix Managing Director Manfred Huebner said Germany struggled to keep up with even these moderate improvements, with expectations in the euro zone’s largest economy consistently low. Ad•thermondoWhy this ad?Ad feedbackWhy don’t you like this ad?SubmitThank you for your feedback. We will remove this and make the necessary changes.AdHausbesitzer aufgepasst: Die Revolution auf dem… The GuardianShoppers cut back on non-essential items to add to UK retail gloomBusinesses bank on ‘last-minute flurry of festive frivolity’ after Black Friday fails to give November lift ReutersMORNING BID AMERICAS-Buoyant markets hold near year’s highsA look at the day ahead in U.S. and global markets from Mike Dolan After closing at their highest level of the year on Friday, U.S. stocks mostly hogged those gains into the new week – with ‘peak rates’ optimism, Friday’s U.S. jobs report and falling oil prices jockeying with edgy geopolitics for attention. The S&P500 recorded its highest close since March 2022 on Friday – the month the Federal Reserve started its brutal five-percentage-point-plus interest rate squeeze. The milestone was hit as Fed boss Jerome Powell, for many investors at least, gave his clearest signal yet that the rate campaign is over and the central bank was now weighing the effects and when it may be able to ease back. ReutersFOREX-Dollar holds tight as Fed rate cut bets strengthenThe dollar struggled to regain some footing on Monday as markets took stock of cautious remarks from Federal Reserve Chair Jerome Powell and awaited a key employment report later in the week that could influence the outlook for U.S. interest rates. Powell said on Friday it was clear that U.S. monetary policy was slowing the economy as expected, with the benchmark overnight interest rate “well into restrictive territory.” While Powell reiterated that the Fed is prepared to tighten policy further if deemed appropriate, traders were convinced the rate-hike cycle was over. Ad•PV AngeboteWhy this ad?Ad feedbackWhy don’t you like this ad?SubmitThank you for your feedback. We will remove this and make the necessary changes.AdSolarpflicht in Bremen? Seltsamer “Trick” lässt…Staat bietet 2023 unglaublichen “Anreiz” für … The TelegraphWatch: Massive explosion blows up house near US capitalPolice in Virginia are investigating a massive explosion on Monday at a house where officers were trying to serve a search warrant. ReutersMarketmind: Buoyant markets hold near year’s highsAfter closing at their highest level of the year on Friday, U.S. stocks mostly hogged those gains into the new week – with ‘peak rates’ optimism, Friday’s U.S. jobs report and falling oil prices jockeying with edgy geopolitics for attention. The S&P500 recorded its highest close since March 2022 on Friday – the month the Federal Reserve started its brutal five-percentage-point-plus interest rate squeeze. The milestone was hit as Fed boss Jerome Powell, for many investors at least, gave his clearest signal yet that the rate campaign is over and the central bank was now weighing the effects and when it may be able to ease back. Associated PressUS tourist from Boston killed in shark attack in Bahamas, police sayA female tourist from Boston was killed Monday by a shark while paddleboarding in the Bahamas, police told reporters. “So the sharks get acclimated, and the animals are a little bit less cautious than they otherwise might be,” he said. Ad•WahreTierliebeWhy this ad?Ad feedbackWhy don’t you like this ad?SubmitThank you for your feedback. We will remove this and make the necessary changes.Ad7 unschlagbare Gründe, warum Ihr Hund dieses Bett sofort… The TelegraphSellafield nuclear site under ‘robust scrutiny’ over cybersecurity fearsThe government body tasked with cleaning up the Sellafield nuclear waste site in Cumbria has been placed in “special measures” after failing to meet cyber security standards. PA Media: UK NewsWarning of ‘very treacherous’ conditions as thawed snow refreezesYellow warnings in place for ice, snow and heavy rain across large parts of the country. The GuardianI’ve got news for those who say Brexit is a disaster: it isn’t. That’s why rejoining is just a pipe dreamMany still hanker for how things were: but looking across the Channel, it’s completely illogical to do that, says Guardian columnist Larry Elliott

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