Pound Expected to Stay Firm Versus Euro on BOE Rate Expectations1102 GMT - The pound should remain firm against the euro in the coming weeks due to high U.K. inflation and expectations that the Bank of England will raise rates again, says Commerzbank currency analyst You-Na Park-Heger. ---TP ICAP Pretax Profit Rose, Launches GBP30 Mln Share BuybackTP ICAP Group launched a share buyback program of up to 30 million pounds ($38.2 million) and said it is on track to meet full-year targets after first-half pretax profit rose against strong comparatives. ---4imprint Pretax Profit, Revenue Rose as Customer Demand Reached Record Levels4imprint Group said pretax profit rose for the first half as revenue grew on customer demand reaching record levels, and backed its guidance for the year. ---Hargreaves Services Pretax Profit Fell on Higher CostsHargreaves Services pretax profit for fiscal 2023 fell on higher costs but the outlook for its trading activities is strong, the company said Wednesday. Deutsche Bank rates the stock buy.

Source: Wall Street Journal August 09, 2023 11:29 UTC