UK100 Cautious as Wages Ease but Likely to Remain a Worry for the BoE
Pay growth continued to decelerate, but the data were higher than expected and the index is pressured, as markets brace for Wednesday’s inflation update
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Pay growth continued to decelerate, but the data were higher than expected and the index is pressured, as markets brace for Wednesday’s inflation update
The pair was mixed last week, continuing to lack firm direction, as markets contemplate the policy path of both central banks and brace for incoming inflation data from both sides of the Atlantic
The pair heads towards a profitable week on moderated expectations around a Fed pivot, but is shows some cautions today, as the IMF urged the BoJ to end its YCC and asset purchases
The media giant posted solid results with continuing improvement in its streaming financials, announced a dividend hike and shared more details on its plans to take ESPN direct to consumer
Losses on Ford’s EV segment more than doubled last year and the company strengthens its focus on hybrids
The three media giants announced an agreement to combine their sports offerings into a new streaming service, in a move that could shape the streaming market, as sports programming is becoming increasingly important
FXCM’s China 50 basket gapped up on news that a state fund will boost stock purchases. China’s Central Huijin Investment, a sovereign fund that owns China’s state-run banks and other government enterprises, said it will step-up its purchases of stock index funds to support the market. The fund tends to buy big state banks and companies to counter the selling pressure in the Chinese market, largely due to China’s property…
The central bank of Australia kept rates unchanged for second straight meeting today as inflation is coming down, but refused to rule out more hikes
Watch today’s US Open for insights on the EUR/USD fall from the reserved Fed and the strong NFPs, Meta’s blockbuster results, renewed regional banking fears and more
The US lender announced a 71% reduction in dividend and a rare net loss in Q4 due to higher provision for credit losses, reigniting fears around regional banks nearly a year after the Silicon Valley Bank failure
The pair extended its slide last week, as the Fed’s cautious stance and the strong jobs report moderate market pricing around the timing and amount of Fed cuts
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