Stronger house price data but the pound has a different agenda right now.
Nationwide adds:
GBPUSD down to 1.3295 in a rush as GBPJPY sellers prevail.
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JPMorgan says the U.S.-Iran ceasefire is bearish for the dollar, re-entering selective USD shorts and favouring high-yielding currencies like AUD, NZD and EM FX as geopolitical risk eases.
CLOV jumps 6.6% on UNH's strong results, but its 52-week high is still far off. High volatility persists.
TEAM's price target slashed to $100, but analyst stays bullish on cloud growth & AI resilience.
Wix jumps 2.7% on price target hike, but trades 59% below 52-week high. High volatility noted.
500M barrels of oil lost, $50B revenue gone. Supply chain woes mean prices may stay high.
Over 30 countries will meet in London to advance military plans to reopen the Strait of Hormuz, focusing on deployment and command structures, with any mission contingent on a sustainable ceasefire.
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