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UK inflation reading is cause for concern

Stronger-than-expected wage growth in Britain fuel worries that more rate hikes are on the way from the bank of England. A 25bps rate hike is widely expected in September, and another one in November..
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Norway Wealth Fund CEO 'Staying Put' in Commercial Property

(Bloomberg) Norway’s $1.4 trillion sovereign wealth fund isn’t budging in its view on commercial real estate even as soaring borrowing costs and falling values ravage the sector, Chief Executive Officer Nicolai Tangen said.Most Read from BloombergGoldman CEO’s Most Loyal Deputy Is Tested by Mutinous PartnersChina Shadow Bank Misses Dozens of Payments as Risks GrowTech Stocks Take a Leg Down Ahead of Fed Minutes: Markets WrapChina Asks Some Funds to Avoid Net Equity Sales as Markets SinkMarc B ....

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