Sterling Could Fall if Post-Brexit Tensions Escalate0858 GMT - A potential escalation of post-Brexit trade tensions over the Northern Ireland protocol could hit sterling, MUFG Bank says. Market Talk:ITV's Excellent 3Q Results Exceed Expectations, Citi Says0851 GMT - ITV has delivered a solid set of third quarter results, well ahead of consensus expectations, Citi says. (joseph.hoppe@wsj.com)Aveva 1H Results Offer Positive Headlines0825 GMT - Shares in Aveva rise 1.2% after the U.K. engineering and industrial-software company reported results for the year ended Sept. 30. Headlines were broadly positive, but the U.S. bank says operating cash flow of GBP14.4 million was lower than GBP23.7 million last year. The U.K. retailer's swing to a pretax profit for the period has inspired a rise of around 40% to Shore's pretax profit forecast, increasing to GBP490 million despite notable Brexit headwinds, the U.K. investment group says.
Source: Wall Street Journal November 10, 2021 15:23 UTC