The anticipation was exceptionally high before the release of the core personal consumption expenditures (PCE) price index data, a crucial inflation measure closely monitored by the U.S. Federal Reserve. The data, released on Thursday, revealed that the yearly inflation growth rate was the lowest it had been in almost three years, providing some relief to…
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Last week the Reserve Bank of Australia’s decision to hold at 4.1% came as a surprise to many participants given that a single hike was priced in. The Australian dollar made losses against most major currencies in the aftermath. The Bank of England delivered with another single hike, taking the bank rate to 5.25%. This…
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Morrison earnings disappoint while Games Workshop soars London-listed shares were close to flat yesterday, although they ended the day in the red. Sterling suffered another poor day, falling more than 1% against both the dollar and euro after the European Central Bank decided to hold fast on its current interest rate position. Morrison Supermarkets brought…
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