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Signs of de-dollarisation emerge, but dollar top currency: JPMorgan
Signs of de-dollarisation emerge, but dollar top currency: JPMorgan
LONDON There are some signs of de-dollarisation emerging right now, but the dollar should retain its "large footprint"
2023-06-05 15:55
Negative-Yielding Debt Returns to Almost $2 Trillion on BOJ
Negative-Yielding Debt Returns to Almost $2 Trillion on BOJ
The scourge of negative-yielding debt refuses to go away for investors as the Bank of Japan’s continued reluctance
2023-06-05 15:50
ECB’s Vujcic Says Inflation Risks Are Still Tilted to Upside
ECB’s Vujcic Says Inflation Risks Are Still Tilted to Upside
European Central Bank Governing Council member Boris Vujcic said the surge in consumer prices is only slowly abating,
2023-06-05 15:49
Keep or sell? The deadwood Manchester United must offload this summer
Keep or sell? The deadwood Manchester United must offload this summer
Harry Maguire wore a hangdog look, though some would say he has for much of the last two years. Wout Weghorst did not score, but then he has not in 93 per cent of his appearances for Manchester United. With an equaliser required in the FA Cup final and three substitutions still available to Erik ten Hag, he opted for a solitary roll of the dice. That was bringing on Scott McTominay. In Ten Hag’s defence, an aerial assault aimed at Weghorst and McTominay, the big lads in the box, almost yielded a leveller. But the FA Cup final could be framed as a victory for the extreme talent in Manchester City’s starting 11, given Ilkay Gundogan’s talismanic role and the reality that, for much of the season, he has been overshadowed by Erling Haaland and Kevin De Bruyne. Yet it also highlighted a difference in strength in depth: City left two match-winners unused, in Julian Alvarez and Riyad Mahrez, and while the precocious Alejandro Garnacho threatened to be a game-changer for United, the reality is he has 11 senior starts to his name. There is a difference in pedigree and, even if United’s options were reduced by the injuries that sidelined Antony, Anthony Martial, Lisandro Martinez, Donny van de Beek and Marcel Sabitzer, the supporting cast felt weak. A year into his reign, Ten Hag pronounced it a “fantastic season”. If the aim now is for evolution, not revolution, the FA Cup final offered a mandate for further change. For some, it represented the end. One of Saturday’s starters was first to admit it could be his farewell. “I have to talk with my family, I still have one year left in my contract here,” Fred told TNT Sports. “Now it’s holiday time and a good opportunity to rest. I’ll talk to my staff, to the club and see what’s everyone’s decision.” Fulham have expressed an interest. Ten Hag’s midfield upgrade, which should continue this summer, could mean his days are numbered. But there was also the sense that this would be a smaller summer than last year, with fewer arrivals, without a mass clearout. In both the middle of midfield and defence, the idea was that one back-up could leave, but if both did, it could create problems. McTominay has admirers at Newcastle: younger and, as an academy product, with the proceeds of a sale counting as pure profit in the books, he could bring a bigger fee. Yet Newcastle may now be able to target higher-calibre players. And if Fred goes, it is likely McTominay stays. McTominay and Fred are different players who may be on a par in other respects. Not their defensive counterparts. Victor Lindelof has proved a fine deputy to Raphael Varane and Martinez. Maguire has had two traumatic seasons, first with his form, then his falling status. He needs a move but the last two years offer precious few reasons for anyone to sign a player on £200,000 a week. Ten Hag is likely to stick with his four main full-backs, with Diogo Dalot signing a new contract this week, Aaron Wan-Bissaka improving under his coaching and Luke Shaw and Tyrell Malacia the incumbents on the left. United hope to bring in funds from full-backs Brandon Williams and Alex Telles and centre-back Eric Bailly, but it is pertinent that they have struggled to sell in recent seasons; otherwise, each might already have left. Meanwhile, with Garnacho’s development and the potential return of Amad Diallo from a loan, they should try and cash in on Anthony Elanga. Dean Henderson is a rarity, a player who looks sellable for a sizeable amount and who, in Nottingham Forest, has a potential buyer. David de Gea’s 545th United game is the last of his current contract; while he could go on a free transfer, he is likely to remain. But his season lends itself to different conclusions, with plenty of clean sheets and some terrific saves but too many errors, some costly; both Europa League and FA Cup defeats were attributable to him and United require competition. Ten Hag has a balancing act. The mismanagement of the Glazers, failing to complete a takeover, could limit his budget. United overspent last summer – the cost of Antony is not just the £86m fee but the knock-on effect elsewhere – and Ten Hag has had to compromise, both in his idea of a goalkeeper and in January. Weghorst’s loan ends with the ridiculous statistic that he scored two goals in 31 games; United’s infamous previous non-scoring strikers, whether Alan Brazil, Garry Birtles or Diego Forlan, were positively Haaland-esque in comparison. The summer targets now – a striker, a midfielder, a goalkeeper – may not come cheap but there is a clear need for another scorer to relieve the burden on Marcus Rashford and for someone to offer ballast alongside Casemiro, with United’s poor away record against the top nine, plus defeats at Wembley and in Seville showing that, for all Christian Eriksen’s class in possession, he lacks the physicality sometimes required. Buying depends in part on selling. United are aware of their difficulties in offloading players in recent years. It is a reason why too many have lingered too long at Old Trafford. Now there are some, such as Jadon Sancho and the ever-injured Martial, who represent unfulfilled potential but who are unlikely to attract big offers and who could do with being consistently excellent and consistently fit. There are others, such as Fred and McTominay, who can be useful squad players but might be sacrificed. There are those, like Maguire, Van de Beek, Williams, Telles and Bailly, who really have to go, for their sake as well as the club’s. And there is Weghorst, who will and who would represent an indictment if United bring him back next season. Because if the first priority is to give Ten Hag a stronger starting 11 next year, it is evident he needs a better bench as well. And, as with every summer at Old Trafford in recent years, United must end it with less deadwood than they began it. Read More Man charged over ‘offensive Hillsborough T-shirt’ at FA Cup final FA Cup final reveals key summer questions for Manchester United This FA Cup was more important than most – but Man City still need more Football rumours: Manchester City look to tie down Erling Haaland to new deal Zlatan Ibrahimovic retires aged 41: ‘The time has come to say goodbye’ The sporting weekend in pictures
2023-06-05 14:47
Football rumours: Manchester City look to tie down Erling Haaland to new deal
Football rumours: Manchester City look to tie down Erling Haaland to new deal
What the papers say Manchester City are looking to fend off Real Madrid to keep hold of striker Erling Haaland, according to The Daily Telegraph. The double winners – who aim to complete the treble in Saturday’s Champions League final – are hoping the 22-year-old Norwegian signs a new deal. City’s rivals Manchester United believe landing Tottenham striker Harry Kane is “unlikely”, says The Daily Telegraph. But they are on the brink of a £50million offer to Chelsea for midfielder Mason Mount. Chelsea, meanwhile, have edged ahead of Paris St Germain in the pursuit of midfielder Manuel Ugarte from Sporting. The Daily Mirror says the proposed deal for the 22-year-old Uruguayan would include buying a minority stake in the Portuguese club. Crystal Palace have offered Wilfried Zaha, 30, a fresh contract but they face competition from Al Sadd for the forward, according to The Sun. The deal is worth around £150,000 a week, which falls short of the offer from the Qatari side. Social media round-up Players to watch Habib Diallo: West Ham and Burnley are keen on the 27-year-old Senegal striker from Strasbourg. Jack Butland: The former England goalkeeper, 30, is wanted by Rangers after Crystal Palace opted not to extend his contract following a loan spell at Manchester United. Read More Charity boss speaks out over ‘traumatic’ encounter with royal aide Ukraine war’s heaviest fight rages in east - follow live
2023-06-05 14:19
China’s Targeted Stimulus Steps Raise Doubts About Rate Cuts
China’s Targeted Stimulus Steps Raise Doubts About Rate Cuts
China is taking targeted steps to help specific sectors of the economy, like property and manufacturing, suggesting broader
2023-06-05 13:56
US May Impose Higher Capital Requirements on Big Banks, WSJ Says
US May Impose Higher Capital Requirements on Big Banks, WSJ Says
Large lenders in the US may face a 20% increase in capital requirements in the aftermath of a
2023-06-05 13:24
Odisha train accident: Indian Railways seek police probe into crash
Odisha train accident: Indian Railways seek police probe into crash
The railway minister announced the decision but did not give more details.
2023-06-05 13:21
Afghan women face 'pandemic of suicidal thoughts'
Afghan women face 'pandemic of suicidal thoughts'
Afghanistan faces a worsening mental health crisis amid a clampdown on women's freedoms and rights.
2023-06-05 12:57
'Don't give a damn' Heat pull level against Nuggets in NBA Finals
'Don't give a damn' Heat pull level against Nuggets in NBA Finals
The Miami Heat have become masters of tuning out the naysayers' noise in their bid to become the first eighth-seeded team...
2023-06-05 12:53
Marketmind: Hawkish pause for thought?
Marketmind: Hawkish pause for thought?
A look at the day ahead in European and global markets from Kevin Buckland: All eyes are on interest rates
2023-06-05 12:46
Barclays Private Bank makes senior appointments in Singapore - statement
Barclays Private Bank makes senior appointments in Singapore - statement
SINGAPORE Barclays Private Bank said on Monday it has made two senior appointments in its Singapore office in
2023-06-05 12:24
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