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Week ahead: UK employment and CPI data, China activity figures in focus
Investors' focus over the coming week will shift back towards the UK where a slew of economic reports are due out which are expected to underscore the current high inflation levels alongside a strong jobs market.
Europe close: Main regional indices finish week higher
European shares extended their gains on Friday, ending at their highs of the session as investors went bargain hunting at the end of a volatile week driven by fears over inflation and more aggressive interest rate rises.
US consumer confidence falls further amid high petrol prices, rout in stock market
Americans' confidence in the economy and their finances fell further in the beginning of May, the results of a closely-followed survey revealed.
BoA sees some 'good news' for those expecting a 'bear bounce' over next few weeks
Strategists at Bank of America saw signs of "good news" amid the carnage in crypto and in speculative technology for those investors holding out for a "bear bounce" during the following weeks.