Page 50 - Core Services News Today

The Bank of England is expected to raise rates today for a 12th consecutive time, with a 25-basis point hike. This would bring the benchmark cash rate to 4.50%. The BoE can’t be faulted for not being aggressive, but it failed to react to rising inflation fast enough and has found itself playing catch-up with inflation. In March, CPI dipped but remained in double digits, at 10.1%. This has led to a severe cost-of-living crisis and the BoE has little choice but to continue raising rates until it...

The BoE is expected to raise rates by 25 bp. The US releases PPI and unemployment claims later today

NZD/USD has rebounded on Thursday, ahead of New Zealand Inflation Expectations. The markets are digesting the US inflation report

The Reserve Bank of New Zealand will be keeping a close eye on inflation expectations release early on Friday. Inflation expectations eased to 3.3% in Q1, down from 3.62% and the central bank will be hoping that the downswing continues. The RBNZ hiked by 50-basis points in April to 5.25% and meets next on May 24th. The inflation expectations report will be the final inflation release prior to the meeting and could move the dial of the New Zealand dollar. A hot report will increase the chances of...

New Zealand releases inflation expectations Markets react positively to US inflation report NZD/USD is trading at 0.6342, down 0.38% on the day. New Zeal

NEW YORK, May 11, 2023 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the American Depositary Receipts...

LOS ANGELES, May 10, 2023 /PRNewswire/ -- Glancy Prongay & Murray LLP announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit... | May 10, 2023

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

/PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the American Depositary Receipts ("ADRs") of Teleperformance SE...

NEW YORK, May 06, 2023 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the American Depositary Receipts...