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Grey-market trading suggests SpaceX could see at least a 35% rise at listing. Derivatives offered by Singapore online broker IG International implied a $2.4 trillion market cap Friday morning, versus an expected IPO price of $135 a share and a $1.77

2026-06-12

Grey-market trading suggests SpaceX could see at least a 35% rise at listing. Derivatives offered by Singapore online broker IG International implied a $2.4 trillion market cap Friday morning, versus an expected IPO price of $135 a share and a $1.77 trillion valuation — a premium of more than 35%.

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2026-06-12

ONS: UK GDP fell 0.1% MoM in April, matching economists' forecasts, with the Iran war damping activity. April weakness followed an outsized March rebound driven by consumer petrol stockpiling and manufacturers front‑loading production ahead of expect

ONS: UK GDP fell 0.1% MoM in April, matching economists' forecasts, with the Iran war damping activity. April weakness followed an outsized March rebound driven by consumer petrol stockpiling and manufacturers front‑loading production ahead of expected energy-price pressure. Three-month rolling GDP to April rose 0.7% versus the prior three months, also in line with forecasts. Since late February, attacks on energy infrastructure and a partial blockade of the Strait of Hormuz have driven oil prices sharply higher. The weak April print raises near-term political risk for Prime Minister Starmer ahead of next week's by-election, where an Andy Burnham victory could trigger a leadership challenge.
2026-06-11

WBG lowered its global economic growth forecast to 2.5%, the lowest since the COVID pandemic.

WBG lowered its global economic growth forecast to 2.5%, the lowest since the COVID pandemic.
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