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Week ahead: Bank of England, Federal Reserve and US non-farm payrolls in focus
Investors' focus over the coming week will be on central bank meetings at home as well as across the Atlantic in the US.

Euro area core CPI jumps in April
The cost of living in the single currency bloc continued rising in April, hitting a new record in the process as inflationary pressures broadened out from energy.

London close: Stocks head into bank holiday on a high note
London stocks managed a positive finish heading into the long weekend on Friday, as investors ended the week wading through another flood of earnings reports.

US consumer confidence improves a little in April, University of Michigan says
Americans grew more confident in April thanks to the retreat in expectations for increases in the price of petrol, the results of a very closely-watched survey revealed.
Weekly review
The FTSE 100 ended a turbulent week 22. 87 points higher, closing at 7,544. 55 on Friday.
Europe close: Shares shrug off eurozone GDP, inflation data to finish higher
European markets closed higher on Friday despite weaker first-quarter growth and higher inflation in the eurozone as shares in UK chemicals company Johnson Matthey soared on news a US fund had taken a 5% stake in the firm.
Europe midday: Johnson Matthey shares surge as US fund takes stake
European markets were still higher at midday on Friday as another raft of strong corporate earnings drove sentiment and shares in UK chemicals company Johnson Matthey soared on news the investment arm of US-based Standard Industries had taken a 5% stake in the firm.

AO World warns on profits as customers cut back on spending
Shares in UK online electrical goods seller AO World plunged on Friday after the company issued a profits warning as it faced falling sales and warranty cancellations by customers looking to save cash during the cost of living crisis.

Director dealings: Focusrite non-exec invests, Tremor International CEO covers tax bill
Audio hardware specialist Focusrite was on the list of buys on Friday, after one of its non-executive directors spent almost £40k on shares.

Broker tips: Standard Chartered, Darktrace
Analysts at Berenberg hiked their target price on financial services company Standard Chartered from 640. 0p to 750. 0p on Friday, citing a "moment of clarity" on growth and returns.
FTSE 250 movers: JMat leads the way as US fund buys stake
The FTSE 250 was up 0. 86% at 20,797. 66 at 1511 BST.
FTSE 100 movers: Smurfit Kappa in the box seat; Hikma out of favour
The FTSE 100 was up 0. 78% at 7,567. 69 at 1521 BST.
Hikma shares fall as generics unit faces headwinds
Hikma Pharmaceuticals shares fell as the company reported headwinds at its generics business.

US open: Major indices trade lower following tech earnings, PCE data
Wall Street stocks were in the red early on Friday following big tech earnings overnight and some key data points early in the session.

Johnson Matthey shares surge as US fund takes 5% stake
Shares in UK chemicals firm Johnson Matthey surged by more than 30% on Friday after the investment arm of New York-based Standard Industries took a 5. 23% stake.

Chicago PMI drops in April as new order growth stalls
Factory activity in the Chicago area fell more quickly than expected in April as new order growth nearly stalled, the results of a survey showed.

London midday: FTSE's gains slowly fade through morning trading
London’s top-flight index saw its gains slowly dissipating by lunchtime on Friday, following a solid session on Wall Street overnight, as investors waded through another flood of earnings reports.

US Q1 compensation growth seen having scant impact on Fed policy
The broadest measure of inflationary pressures in the US jobs market jumped by more than forecast last month as benefits exploded.

Real US personal spending falls in March as prices jump
A jump in inflation meant that Americans' spending in fact fell last month when measured in real terms, although prices rose a tad less quickly than anticipated.

Berenberg hikes target price on Standard Chartered
Analysts at Berenberg hiked their target price on financial services company Standard Chartered from 640. 0p to 750. 0p on Friday, citing a "moment of clarity" for growth and returns.
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