Markets

Pound slips as oil-fueled dollar rally undermines gilt appeal
Sterling slid below $1.35 on broad dollar strength driven by rising Brent crude after a Saudi pipeline shutdown, while markets bet on a hawkish Federal Reserve stance.

Corvus Pharmaceuticals expands pipeline bets on Soquelitinib at Cantor conference
The clinical-stage biotech outlined progress across cancer and immune indications for its oral ITK inhibitor, citing $214M cash and a runway through mid-2028.

ANI Pharmaceuticals Sees Rare Disease Focus Drive Revenue to $1.1B+ in 2026
Cortrophin Gel and ILUVIEN lead growth amid $100M share buyback and $266M Q2 2026 earnings

Amcor Raises Full-Year Free-Cash-Flow View After Strong Synergy Capture
Packaging maker Amcor reported year-one synergy gains of $285 million against a $260 million target and trimmed its FCF outlook to about $1.3 billion as working-capital investment weighs on results.

Pound slips below $1.35 as oil-driven dollar rally weighs
Sterling fell to 1.3482 against the dollar Monday as Brent crude surged over 3% following a Saudi pipeline shutdown, lifting the greenback and dragging euro down as well.

UK Lords Approve Mandatory Digital Asset Strategy Amid Labour Opposition
Parliament’s upper house backs Treasury’s 12-month plan to regulate cryptoassets, stablecoins and tokenized securities, despite Labour’s pushback on a statutory framework.

Holcim Aktie: Technische Erholung und geopolitische Chancen
Die Aktie von Holcim erholt sich nach einem Rückgang und zeigt erneut Potenzial für kurzfristige Kursgewinne, getrieben durch geopolitische Entwicklungen und die Baubranche.

US equities retreat as Brent crude hits 107 USD, Fed focus intensifies
Wall Street declines further amid Brent crude’s 107 USD peak and inflation concerns, with tech and mining sectors hardest hit

Europäische Aktien unter Druck: Schwäche vor Fed-Zinsentscheidung und Energie-KI-Konflikt
Europäische Indizes verlieren weiter an Wert, getrieben durch Erwartungen an eine Fed-Zinserhöhung und steigende Energiepreise, während KI-Investitionen neue Kapazitätsengpässe erzeugen.

Apple iPhone 18 lead times improve globally, but Pro Max demand persists
JPMorgan notes shorter delivery windows for iPhone 18 models compared to the iPhone 17 series, with regional variations and cautious optimism for foldable phone adoption in China.

TSX Drops to Five-Week Low as Oil Surge and US Inflation Data Weigh on Markets
Oil prices rise but inflation data and Federal Reserve watch loom as Canadian and global equities face pressure.

Ethereum and Base Abort Wallet Standard After Months of Negotiations
Ethereum pushes EIP-8141 and Base advances EIP-8130, ending hopes for a unified next-gen crypto wallet standard across both networks.

RB Global Shares Drop to 52-Week Low Despite Quarterly Beat
RB Global hit a 52-week low around $80.62 even as Q2 revenue beat estimates; adjusted EPS missed, dragging shares down nearly 32% over the year.

Yelp Integrates OpenAI's GPT-Live-1 Voice Model Into Restaurant, Service Tools
Yelp has folded OpenAI's GPT-Live-1 into its Yelp Host and Hatch platforms, making both among the first to deploy the latest AI voice model for business customer service.

Frankfurt opens lower as oil surge and AI fears weigh on Europe's benchmark
Germany's DAX slipped 0.5% to 25,431 and the MDAX fell 1.1% on Monday morning, pressured by rising oil prices from Middle East tensions and new warnings about artificial intelligence risks.

Newron reports first-half loss amid Evenamide R&D surge
Revenue and R&D costs rise sharply as biopharma firm focuses on schizophrenia candidate

Swiss Market Slides as SMI Dips 0.16% Amid Mixed Sector Performance
Industrial shares OC Oerlikon and Reiter gain, while Novartis and UBS underperform; analyst upgrades and downgrades dominate Swiss equities.

U.S. Stock Futures Steady After AI Rally Lifts Wall St; China Summit in Focus
Futures flat as markets digest Monday's AI-fueled rally pushing the Nasdaq to a record close, while investors await Xi-Trump talks and developments on oil.

Seed Capital Solutions reports £92,600 loss, launches fundraising
London-listed Seed Capital Solutions posted a half-year loss of £92,600 and has cash of just £10,900 after a proposed Spanish acquisition fell through, prompting a share fundraising.

Forterra Non-Executive Director Gavin Hill Buys £40,030 Stake
Gavin Hill purchased 28,944 ordinary shares at £1.383 each, with his total beneficial holding now standing at 28,944 shares.

Swiss stocks start week higher as Galderma added to blue-chip index
Swiss equities opened the week on a positive note after Galderma was added to the SIX Swiss Exchange blue‑chip index.

Valeura Energy Approves Bussabong Gas Field Development in Gulf of Thailand
Thailand’s cabinet has cleared Valeura Energy’s stake in a $55M offshore gas project, targeting first production by 2028 and 12 million cubic feet per day by 2029.

RBC Downgrades LVMH, Cuts Price Target to €475 on Luxury Weakness
RBC Capital Markets lowered its rating on LVMH to sector perform and trimmed its 12-month target to €475, citing softening luxury demand and margin pressure ahead of third-quarter results.

Metlen invests €25m to expand recycled aluminium capacity
Metlen has committed €25 million to increasing its recycled aluminium capacity, according to a company news report.

Talisman Metals appoints two senior geologists
London‑listed Talisman Metals PLC announced the hiring of Vernon Shein as Lead Geologist and Driss El Bouhli as Country Manager/Senior Geologist, while confirming its September drill program continues.

