austin awful of scottish symbolism. and her son, taking his first steps, scotland s going. just shortly after, charles the third meeting scotland s first minister, nicholas sturgeon. the leader of arguably the most rebellious of his nation s. sturgeon wants to eventually secure another referendum on scottish independence. challenging the unity of the kingdom. but in her address to the king, at the scottish parliament. she pledged her loyalty. your majesty we stand ready to support you, as you continue your own life of service. and as you build on the extraordinary legacy of your beloved mother. our queen. queen elizabeth ii, queen of the scots. the encounter with the scottish leader came after an event in westminster where the king and queen consort received a letter of condolence from both houses of parliament. there, charles a third reiterated his loyalty to britain s democratic values. her late majesty pleasure stuff to serve her country and her people. and to mainta
With or without official word on intervention, weak yen may persist japantoday.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from japantoday.com Daily Mail and Mail on Sunday newspapers.
Positive data surprises especially in the US have continued to mostly drive interest rates higher and the USD stronger over the last two weeks. Americans increased their consumption by 0.4% in February and reduced their savings rate to its lowest level since December 2022, while the ISM survey showed a clear positive surprise in March for US manufacturers who are now reporting expansion, also for the first time since 2022. While core PCE inflation (the Fed's preferred measure) came out as expected for February, 0.3% m/m price increase is still too much, and the January number was revised up to 0.5% m/m. All in all, the data does not support an early rate cut. Fed Chair Jerome Powell, among others, signalled over Easter that the direction of interest rates is still down, but that the strong data allows for waiting in order to gain more confidence about declining inflation before moving. The market is now pricing almost no chance of a May rate cut, instead looking for June. Key data