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European markets are set for a flat to lower open on Wednesday as investors continue to digest the latest purchasing managers' index (PMI) data released a day earlier in the United Kingdom, the Eurozone and Germany. Attention is also turning to Washington, where NATO Secretary-General Mark Rutte is visiting the United States and will meet President Donald Trump.

At 8:00 am CET, the FTSE 100 lost 0.76% and the CAC 40 decreased 0.25%. The Euro Stoxx 50 and the DAX traded both flat.

The euro fell 0.12% against the greenback to 1.13685 at 7:58 am CET and the British pound was flat compared to the dollar, going for 1.31960.

Baha Breaking News (BBN) / AC

Happy hump y’al 🐪 🐫

RBC raises boohoo price target to 22 (20) pence - 'underperform'

Major European stock indexes traded in the red during premarket hours on Tuesday as peace negotiations between the United States and Iran continued capturing global attention after the parties agreed on a roadmap to finalize the deal within 60 days. United States President Donald Trump claimed that his country has "total control" over the Strait of Hormuz, stressing that oil is flowing without restrictions through the critical waterway. Meanwhile, Iranian Parliament Speaker Mohammad Bagher Ghalibaf argued that the deal with the US prevented further bloodshed in Lebanon.

The DAX fell 0.41%, and the FTSE 100 dipped 1.16% at 8:00 am CET. At the same time, the CAC 40 was down 0.19%, while the Euro Stoxx 50 dropped 0.82%.

The euro traded flat against the dollar to go for $1.14232 at 7:58 am CET. Simultaneously, the pound lost 0.08% against the greenback, selling for $1.32425.

Baha Breaking News (BBN) / JJ

Daily Mail: The boss of Danish retailer Sostrene Grene has accused the Government of taking an approach towards Shein and Temu that is ‘killing retail in the UK’; Mikkel Grene joins the bosses of businesses, including Primark and Marks & Spencer, in calling for a crackdown on the Chinese online retailers.

https://www.thisismoney.co.uk/money/markets/article-15919021/Shein-loophole-killing-UK-retailers-boss-Sostrene-Grene-warns.html

Daily Mail: Melbourne-based clothing and footwear chain Accent has rejected a £166m bid from Mike Ashley's Frasers Group.

https://www.thisismoney.co.uk/money/markets/article-15920139/Australian-clothing-footwear-chain-rejects-166m-bid-Mike-Ashleys-Frasers-Group.html

european markets are set for a mixed open on monday after the united states and iran agreed on a roadmap toward a final deal within 60 days, easing concerns over a broader regional escalation. the agreement, reached during talks in buergenstock, switzerland, includes a mechanism for safe transit through the strait of hormuz, a key route for global energy supplies. technical teams from iran, the us, qatar and ****stan are expected to continue discussions on remaining issues.

at 8:00 am cet, the ftse 100 lost 0.52%. the euro stoxx 50 and the dax traded both flat. the cac 40 increased 0.12%.

the euro fell 0.15% against the greenback to 1.14535 at 7:59 am cet and the british pound retreated 0.19% compared to the dollar, going for 1.32095.

baha breaking news (bbn) / ac

happy monday y’al

Https://www.drapersonline.com/news/debenhams-ceos-pay-plummets-85-to-684k

Https://www.telegraph.co.uk/business/2026/06/19/boohoo-blocks-mike-ashley-from-opposing-executive-pay/

HOLD: Boohoo Group (DEBS)

Cost control has been the defining theme of the past 12 months for Boohoo Group, and this focus has paid off in the narrowing of losses evident in the fast-fashion retailer's full-year results, writes Erin Withey.

The Manchester-headquartered group reduced its pre-tax loss by 69 per cent, bringing the figure down to £108.6mn. This was driven by the reduction in restructuring costs.

The group's transition to an asset-light, online marketplace model should also bring inventory down in time. But the final figure edged up slightly from £93.1mn to £105.3mn in full-year 2026, which the group said was due to provisions impacting last year's number.

Still, there remains work to do. Sales fell and gross merchandise value, an important industry measure of the value of products sold before cancellations and returns, dropped by over one-fifth.

Boohoo continues to trade on a discount to other UK retailers, with an enterprise value to ebitda ratio of 8.4. While there is a case for a re-rating as the group transitions towards a marketplace model, we remain cautious for now.

Stockpickers: Castings, Tatton Asset Management, Boohoo group.

Subscription only :

https://www.ft.com/content/77e4ff68-c01e-414e-b72e-651a26a7090f

Retail sales volume in the United Kingdom saw a yearly rise of 3.2% in May, the country's Office for National Statistics said in its report published on Friday. Month-on-month, the figure increased by 1.2%.

In the three months to May 2026, compared to the previous period of the same length, retail sales volumes grew by 0.4%. Compared to the same three months in 2025, the number went up by 1.4%.

The highest monthly rise was observed in non-store retailing, with those sales soaring by 6.1%. Household goods stores rose by 3.2%, and department stores by 2.5%. Automotive fuels went up by 0.4%.

Baha Breaking News (BBN) / JR

Https://www.lse.co.uk/rns/DEBS/annual-report-and-accounts-and-agm-notice-ke7bdkki4hjvdd6.html

The DAX declined by 0.40% at 7:47 am CET, while the FTSE 100 decreased by 0.85% at 8:00 am CET. A minute later, the CAC 40 dipped by 0.10%, and the Euro Stoxx 50 slipped by 0.18%.

Major stock markets in Europe traded lower during the premarket on Friday after United States Vice President JD Vance and the Iranian delegation both delayed their trips to Switzerland, reportedly due to Tehran's allegations about Israel committing violations in Lebanon. Investors also digested the latest reports on the German producer prices and the United Kingdom's retail sales.

The DAX declined by % at 8:00 am CET, while the FTSE 100 decreased by % at the same time. A minute later, the CAC 40 dipped by %, and the Euro Stoxx 50 slipped by %.

The euro lost 0.24% against the dollar at 7:58 am CET to go for $1.14304. Meanwhile, the pound was down 0.10% compared to the greenback, going for $1.31939 at 7:59 am CET.

Baha Breaking News (BBN) / SM

Happy Friday y’al

Enjoy your weekend. 💃🕺🥂

Major European stock indexes traded lower during premarket hours on Thursday as the markets prepared for today's Bank of England (BoE) monetary policy decision and fresh economic reports. Market participants will also receive the latest data on the Swiss trade balance, the UK's April unemployment rate, and the euro area construction output.

Moreover, US President Donald Trump and Iranian President Masoud Pezeshkian digitally signed a memorandum of understanding to end the conflict between their countries and reopen the Strait of Hormuz.

The CAC 40 was 0.51% lower at 8:00 am CET, whereas the DAX fell 0.23%. The Euro Stoxx 50 edged lower by 0.47%, while the FTSE 100 declined by 0.43%.

At 7:59 am CET, the euro added 0.32% versus the dollar to trade at $1.15155. The pound was flat against the dollar at $1.33053 at the same time.

Baha Breaking News (BBN) / RR

Https://www.linkedin.com/posts/adam-minto-5ba08b25_today-weve-announced-a-new-licensing-partnership-activity-7469836117287174144-d-c5?utm_medium=ios_app&rcm=ACoAAFrVbjABp4OWfwWOi7cUONtHajS37m-_L6U&utm_source=social_share_send&utm_campaign=copy_link

Major European stock markets traded mostly lower in premarket hours on Wednesday, as investors focused on the G7 summit currently taking place in France, where United States President Donald Trump is expected to hold several bilateral meetings with other world leaders following the recently signed ceasefire deal between Washington and Tehran. Traders will also keep a close eye on the US Federal Reserve's interest rate decision, due later today. On the economic front, inflation data from the Eurozone and the United Kingdom is set to be published later in the day.

At 8:01 am CET, the DAX dropped 0.22% as the FTSE 100 lost 0.68%. At the same time, the Euro Stoxx 50 slipped by 0.16%, while the CAC 40 traded flat.

Both the euro and the pound traded flat against the dollar at 7:58 am CET, going for $1.16117 and $1.34288, respectively.

Baha Breaking News (BBN) / KM

Happy hump y’al 🐪 🐫

RBC cuts Frasers Group to 'underperform' - price target 750

Volume sold 3.0m

Volume bought 4.5m

Boohoo, now trading as Debenhams Group, reports a narrowed pretax loss for the twelve months to February 28, as its turnaround strategy boosts profitability despite lower sales. Pretax loss shrinks to GBP108.6 million from GBP352.5 million a year earlier, while adjusted Ebitda rises 35% to GBP53.3 million from GBP39.6 million. Revenue falls 25% to GBP917.0 million from GBP1.22 billion and gross merchandise value declines 22% to GBP1.82 billion from GBP2.32 billion, although the company says trading improved throughout the year and returned to growth in the first quarter of financial 2027. Debenhams brand GMV rises 12% to GBP730.0 million and every brand is now profitable at the adjusted Ebitda level. The company does not recommend a dividend and guides for a double-digit improvement in adjusted Ebitda in financial 2027, with GMV expected to return to year-on-year growth and net debt targeted at below one times adjusted Ebitda. CEO Dan Finley says: "Our focus now shifts to growth, and the turnaround continues at pace, with momentum in our multi-year strategy accelerating since year end. I am pleased to report that the company has returned to growth in financial 2027, with Q1 Group GMV up 0.5% year-on-year and May 2026 trading particularly strong at approximately 8% GMV growth."