UK Inflation Retreat And Oil Price Dip Provide Relief
‘’It’s a painful and slow path, but inflation is continuing to head down the hill which will ease headaches at the Bank of England. Oil prices did start to
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‘’It’s a painful and slow path, but inflation is continuing to head down the hill which will ease headaches at the Bank of England. Oil prices did start to
Hello everyone, and welcome to the week! It's time once again for our look back at the noteworthy updates of the last seven days. I suppose with September heading into its back half, we'll be seeing more and more Halloween updates in this column over the next few weeks.
Hello everyone, and welcome to the week! It's time once again for our look back at the noteworthy updates of the last seven days. I'm not going to lie: it was a little difficult finding a full list that really caught my fancy this time.
Markets have a full plate on Wednesday, taking in China's disappointing inflation data while awaiting tomorrow's U.S. CPI report, and processing a surprise banking windfall tax announcement from Italy. The banking sector in Europe is still reeling after Italy unexpectedly approved a 40% windfall tax, although authorities added in a statement on Tuesday that the new tax could not breach 0.1% of a lender's total assets. European markets will be on guard for similar moves in other countries.
A look at the day ahead in European and global markets from Brigid Riley Markets have a full plate on Wednesday, taking in China's disappointing inflation...