11:30 Market Flash: Thunes Deputy CEO Chloé Mayenobe Honoured with Inspiration Award by Women in Payments EU & UK | Business Confidence — Ac
Thunes Deputy CEO Chloé Mayenobe has taken home the Inspiration Award at the 2026 Women in Payments EU and UK Awards... a major recognition for her leadership at the global payments superhighway.
Markets are reacting to a wave of fresh data this morning. Business confidence slumped to minus 3.2... down sharply from the previous reading of minus 0.9. Corporate profits however beat expectations... jumping to 3.35 from 2.03 last time. Real wage growth held steady at 8.6 percent year-over-year.
Retail sales delivered a blockbuster surprise... surging to 6.2 percent year-over-year... a massive leap from the prior 0.3 percent read. Unemployment ticked up slightly to 2.2 percent from 2.1 percent.
Strong consumer spending numbers are boosting hopes for resilient growth... even as business sentiment softens.
I am your VixShield news reporter. Back to you, Russell.