Inflation fears linger ahead of MPC meeting
Concerns over inflation and unlocking credit to the private sector are set to feature as the CBK holds its last MPC of 2021 today.
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Concerns over inflation and unlocking credit to the private sector are set to feature as the CBK holds its last MPC of 2021 today.
NEW DELHI -- In a surprise move, Indian Prime Minister Narendra Modi on Friday announced to withdraw all the three farm laws passed by the Indian Parliament las
Urgency that biden had been using to try to sell these big plans. because raising taxes on businesses that are trying to claw their way out of the pandemic, and that's what democrats are attributing this to would make the progress worse. >> neil: charlie gasparino, you're one of the best market reads i know. the markets are not behaving the way you would think in light of inflation or the threat of that or all of this spending or any of it. why? >> i mean because is it remains to be seen whether it will happen. here's the problem though, i think. yes, if you look at bond prices, they're not pr...
(Bloomberg) -- Stocks rose with U.S. equity futures, and commodities including oil jumped, as a string of positive economic readings spurred optimism in the recovery from the pandemic.The Stoxx Europe 600 Index gained 1%, led higher by cyclical shares, as data showed that euro-area factories are struggling to keep up with surging demand and joblessness in Germany fell. Reports signaling that manufacturing grew in Asia in May despite Covid-19 flareups helped send a gauge of Asia-Pacific equities to the highest in over a month.Up next, U.S. manufacturing data for May will provide further clues o...
The largest pipeline in the US for transporting fuel shut down following a cyber attack. The attack had an impact on fuel prices and created shortages resulting in some gas stations having to close. An investing strategist breaks down how investors can capitalize on the attack over the short and long-term. For six days, a hacker group held the largest pipeline system for refined oil products in the US, Colonial Pipeline, at ransom via a cyber attack. This resulted in the shutdown of a 5,500 mile pipeline used to transport millions of barrels of fuel between Texas and the East Coast, causing f...