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Of people around the world. Here in the uk, theres been another fall in the inflation rate, the global picture is somewhat mixed and thats giving central bankers the people who decide how much it should cost to borrow money plenty to think about. Uk inflation for march has been reported at an annnualised rate of 3. 2 . That data coming out earlier today. Thats a long way from its recent peak of just over ii . The latest figures show a fall in the cost of meat and furniture, among other things. But many forecasters had been banking on a more significant drop than this. So where does that leave the Bank Of England and its 5. 25 Interest Rate . There had been an expectation that the banks policymakers could reduce the cost of borrowing in may orjune, but many forecasters now think it could be later in the summer. The uks central bank has a similar dilemma to its us counterpart, ....
Stocks and bonds telling off after u. S. Inflation came up for a third time in a row. Next up, its all about the ecb. Rate cut bets getting paired. Volatility surges in the euro. We are live in frankfurt. Oil back in focus as the United States warns of imminent strikes on israel by iran. Negotiations on a cease fire are ongoing. Quick check on the markets as we digest the geopolitics and Monetary Policy. Futures, a little bit of outperformance in europe. I say this with a wagon of caution here. Youre a stoxx 50 futures unchanged after a major selloff in the state. Europe also outperformed in yesterdays session. How much of that is a reflection of what we may hear at the ecb today . Things seem virtually unchanged. 5208 on those s p contracts. Lets talk about the cross as i picture as well. The bond market is fascinating here. Weve crossed 4. 5 on the 10 year yield. You are se ....
Could France's soaring deficit and debt lead to a rating downgrade? euronews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from euronews.com Daily Mail and Mail on Sunday newspapers.
(Bloomberg) — The slump in global bonds continued Thursday as traders reduced their wagers on interest-rate cuts, with attention turning to the European Central Bank’s policy announcement later. Treasury yields ticked higher, with the 10-year rising to 4.56%, adding to yesterday’s surge when the US consumer price index beat forecasts for a third month. The… ....
(Bloomberg) — The slump in global bonds continued Thursday as traders reduced their wagers on interest-rate cuts, with attention turning to the European Central Bank’s policy announcement later. Treasury yields ticked higher, with the 10-year rising to 4.56%, adding to yesterday’s surge when the US consumer price index beat forecasts for a third month. The… ....