UK Inflation Fell Below 10%, But the Report Offers Reasons For Concern
Headline CPI inflation decelerated to 8.7% y/y in the first sub-10% print since August, as today’s data showed, but Core inflation rose to the highest in thirty one years
Senior Financial Editorial Writer
Nikos Tzabouras is a graduate of the Department of International & European Economic Studies at the Athens University of Economics and Business. With extensive experience in market analysis and a strong foundation in international relations, he brings a unique perspective to financial markets. Nikos emphasizes not only technical analysis but also on fundamentals and the growing influence of geopolitics on financial trends.
As a Senior Financial Editorial Writer, he delivers comprehensive and forward-looking insights across a wide range of asset classes, including equities, commodities, and currencies. His work explores how macroeconomic events, political developments, and global policies impact market dynamics, providing readers with a deeper understanding of both short-term movements and long-term trends.
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Headline CPI inflation decelerated to 8.7% y/y in the first sub-10% print since August, as today’s data showed, but Core inflation rose to the highest in thirty one years
Watch today’s US Open for insights on the developments around the US debt ceiling as we move closer to the estimated deadline, the latest Fed commentary and more
There is no deal yet for raising the debt ceiling in the US, but markets remain optimistic, which is helpful for the greenback, along with a moderation in previously more dovish expectations around the Fed’s rate path
Popular low-cost airline group Ryanair released strong top and bottom line results for FY2023 (period ended March 31), with robust summer demand eyed
Some of last week’s optimism around the outcome of the debt ceiling negotiations has faded, as latest rhetoric seems to be less conciliatory, with the June estimated deadline looming
The pair turns cautious after hitting new 2023 highs, as inflation picked up in Japan, but still heads towards one of its best weeks of the year, due to the greenback’s strength
Watch today’s US Open for insights on the US debt ceiling hopes, Burberry’s solid FY2023 results, the key takeaways from Tesla’s Investor Day and more
Copper prices rose on Wednesday on hopes for a resolution to the US debt ceiling drama that helped sentiment, but it faces renewed pressure today as the situation remains uncertain and discouraging Chinese data weigh
The British luxury fashion brand reported solid financial results today for FY2023, with Revenue rising 10% y/y, helped by a sales acceleration in China during the first quarter of the current year
The broader US index rose on Wednesday as optimism prevailed around regional banks and for a successful resolution to the debt ceiling saga, but there are still reasons for caution
The CEO of EV King Tesla covered a wide range of issues during Tuesday’s annual shareholder meeting, teasing two new vehicles, offering more insights on to the upcoming Cybertruck and more
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