After a bad jobs report, Dow futures collapsed. One has to wonder why comes out with a report on public holiday. I remember sometime last year, a bad report also came out during holidays and over the weekend, a lot of “good” news came out and it wasn’t that “bad” after all. So watch out for any news this weekend to sooth out this bad news. If not, it will be a gloomy Monday for bulls. Do take note that on Monday, a lot of European countries are still on holiday. So which means, major movement will be on Monday night and Tuesday.
BBC News- Anthropic labelled a supply chain risk by PentagonThe supply chain risk designation of the artificial intelligence firm is a first for a US company.
- States sue Trump administration over new 'unlawful' global tariffsThe 24 states are seeking to block Trump's latest tariffs, which he imposed to replace levies struck down by the Supreme Court.
- Will petrol and diesel prices go up now?If oil prices remain high for some time, the knock-on effects could affect the costs of fuel and food
- UK firms pull fixed energy deals as Iran war pushes up pricesData suggests the number of fixed-term deals has more than halved as prices for wholesale energy surge.
- UK firms pull fixed energy deals as Iran war pushes up pricesData suggests the number of fixed-term deals has more than halved as prices for wholesale energy surge.
- Electricity, water and sewage prices set to riseElectricity prices on the Isle of Man will rise by 1.5%, while water and sewage goes up by 2.9%.
- South East Water faces £22m fine for supply failuresThe firm was unable to cope during high demand, Ofwat says, leading to "immense stress" for customers.
- Nearly 4m Londoners below income for decent livingAnalysis shows that most private renters live with less than what is needed for day-to-day life.
- Price cut on the way for some gas customersGas prices in the Ten Towns area will fall by just over 10% in April.
- China sets lowest economic growth target since 1991It is also the first time the target has been lowered since it was cut to "around 5%" in 2023.
- Anthropic labelled a supply chain risk by Pentagon
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