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North American Morning Briefing: PCE Inflation Report Awaited as Kashkari Cautions on Rate Cuts
Morningstar· 1 day agoOPENING CALL Stock futures were rising Tuesday as Wall Street returned from a long weekend and traders looked ahead to inflation data at the end of the week. Government bond prices also rose, pulling the yield on 10-year Treasurys slightly lower
Two-Speed World Weighs on G-7 With Inflation Fading Unevenly
Bloomberg via Yahoo Finance· 5 days ago(Bloomberg) -- A two-speed global economy skewed by US strength is overshadowing this week’s Group...
First high street bank raises mortgage rates after election call
Daily Telegraph· 6 days agoMr Sunak said that the fall in the Office of National Statistics headline rate meant the Tories’...
Pound holds steady after Sunak's snap election announcement
Yahoo Finance UK· 6 days agoGoldman Sachs said: "Given firmer incoming price and wage data, we no longer expect a June Bank Rate...
Gold prices dip on profit taking as rate-cut bets ease
Investing.com· 2 days agoGold prices slipped on Tuesday with investors booking profits after a recent rally and pressure from...
European Midday Briefing: Stocks Struggle as Caution Over Inflation Weighs
Morningstar· 1 day agoStocks in Europe struggled for direction on Tuesday as traders looked to this week's inflation data and central bank speakers for clues on the timing of interest-rate cuts. "At the beginning ...
Abrdn CEO Bird exits abruptly after four rocky years
StreetInsider· 6 days agoLONDON (Reuters) -Abdrn CEO Stephen Bird has stepped down, the British fund manager said on Friday, after a turbulent four-year tenure marked by deep outflows of client cash and a controversial ...
Global equity funds see strong weekly inflows on U.S. rate cut hopes
Reuters via Yahoo Finance· 5 days ago"Fixed income remains our preferred asset class, within which we favour quality bonds. We expect...
Bank of England allots latest record amount at short-term repo operation
Reuters· 6 days agoThe BoE uses the weekly repo to help keep money market rates close to its official Bank Rate while...
‘Sweet spot’ for savers as hundreds of accounts now pay double inflation
Daily Telegraph· 4 days agoInflation, which had peaked at more than 11pc in October 2022, fell to 2.3pc in April, close to the...
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