A quiet Friday for the markets after a tumultuous week of inflation concerns and Russia risks

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A quiet Friday for the markets after a tumultuous week of inflation concerns and Russia risks

A very good morning, I do hope everyone here in the UK is staying safe today with as storm Eunice continues to batter parts of the country. Well it’

A very good morning, I do hope everyone here in the UK is staying safe today with as storm Eunice continues to batter parts of the country. Well it’s much calmer for the markets, a pretty flat open as the FTSE remains at around 7,540.33 at 9.30am here in London.

British shoppers returned to the High Street after the Omicron disruption in December – with retail sales rebounded by 1.9% in January. According to the ONS, department stores, garden centres and other non-food shops saw strong growth with a 3.4% rise. Food sales though, fell below their pre-pandemic level for the first time as people began eating out again.

NatWest plans to give it’s bankers bonuses, with the pool of money up to £298m, a 44% increase on a year earlier. Still majority-owned by taxpayers. The firm is the top faller this morning, despite its return to profit.

Goodbody Health Inc (AQSE:GBDY, CSE:GBDY, OTC:SCNNF) (Goodbody Health Inc (AQSE:GBDY, CSE:GBDY, OTC:SCNNF), Goodbody Health Inc (AQSE:GBDY, CSE:GBDY, OTC:SCNNF), Goodbody Health Inc (AQSE:GBDY, CSE:GBDY, OTC:SCNNF)) is to open their first testing clinic in Vancouver, following the successful rollout of its clinics in the UK for blood and Covid PCR testing.

And finally Coinbase Global Inc (NASDAQ:COIN) (Coinbase Global Inc (NASDAQ:COIN)) saw app installs spike thanks to its quirky Bitcoin giveaway ad during last Sunday’s Superbowl. The crypto-currency exchange, which gave each new user US$15 in Bitcoin during halftime, saw a 309% jump in downloads on.

And talking of Bitcoin, that along with almost all of the crypto market, took a hammering in this morning’s early deals as momentum seems to be fading now from earlier in the week.

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