Keep pulling the thread on Not Predicting.
The share price of Crest Nicholson fell by approximately 35% in a single day following its profit warning.
A recent Ipsos consumer confidence survey shows that UK consumer sentiment is lower than it was prior to the 2008 financial crisis and during 1979.
The UK government attempted to include a clause in a pensions bill that would grant it the power to force pension funds to invest in specific assets.
The UK's House of Lords has twice voted against a government proposal to mandate pension fund investments, first rejecting an uncapped power and then a revised version limited to the terms of the Mansion House Accord.
A paper from Sona Asset Management, highlighted in FT Alphaville, predicts that the private credit asset class is about to enter a long period of poor performance.
Iran is reportedly hesitant to escalate its involvement in the current Middle East conflict due to the unpredictability of its adversaries.
Former President Trump is perceived to be cautious about taking further military action that could risk a severe disruption to the global oil supply.
UK house builder Crest Nicholson issued a profit warning after business conditions deteriorated, stating it no longer expects to sell any land this year.
Consumer goods company Reckitt Benckiser stated that disruption in the Middle East has negatively impacted its sales, causing like-for-like sales to be much lower than expected.
Reckitt Benckiser's share price fell by an additional 5% following its announcement about the sales impact from Middle East disruption.
The UK's budget deficit has fallen to a three-year low, a better-than-expected result.
The UK's Purchasing Managers' Index (PMI) data for April showed much stronger-than-expected activity in both the services and manufacturing sectors.