US Producer Prices Accelerating At Fastest Rate In 12 Months, Wall Street Reacts... zerohedge.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zerohedge.com Daily Mail and Mail on Sunday newspapers.
The UK stock market is shrinking at its fastest pace in history amid a wave of foreign takeovers which have propelled the FTSE 100 to its strongest week in eight months.
The pound has jumped after US inflation fell more sharply than expected last month raising hopes that interest rates in America will begin to fall early next year.