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POLL-BoE to hold rates at 3.75% this year, but growing minority expect a hike
reuters://realtime/verb=Open/url=cpurl://apps.cp./Apps/cb-polls?RIC=GBBOEI%3DECI BoE poll datareuters://realtime/verb=Open/url=cpurl://apps.cp./Apps/econ-polls?RIC=GBGDPQP economic poll dataBy Devayani Sathyan and Jonathan Cable BENGALURU/LONDON, May 13 (Reuters) - The Bank of England will hold b...Reuters
8 minutes ago
INSTANT VIEW-Hot April producer price number adds to inflation worries
NEW YORK, May 13 (Reuters) - U.S. producer prices increased more than expected in April, posting their biggest gain since early 2022, the latest indication that inflation was accelerating amid the war with Iran.The Producer Price Index for final demand surged 1.4% last month after an upwardly revis...Reuters
8 minutes ago
United States Producer Price Index soars in April amid Iran war
The United States (US) Producer Price Index jumped to 6% on a yearly basis in April, following the 4.3% posted in March and largely surpassing the expected 4.9%. On a monthly basis, the PPI rose 1.4%, doubling the March reading of 0.7%, and much higher than the anticipated 0.5%.Fxstreet
14 minutes ago
INSTANT VIEW-Hot April producer price number adds to inflation worries
NEW YORK, May 13 (Reuters) - U.S. producer prices increased more than expected in April, posting their biggest gain since early 2022, the latest indication that inflation was accelerating amid the war with Iran.The Producer Price Index for final demand surged 1.4% last month after an upwardly revis...Reuters
15 minutes ago
Silver: Eastern demand supports resilient upside – TD Securities
TD Securities strategists note Silver is maintaining its upside, trading resiliently despite higher energy prices. While recent CTA (Commodity Trading Advisors) buying has slowed, they see renewed interest from Chinese traders on SHFE (Shanghai Futures Exchange) and strong Chinese premiums.
Fxstreet
47 minutes ago
Brazil's retail sales beat forecasts, hit record high in March
SAO PAULO, May 13 (Reuters) - Brazil's retail sales volumes beat expectations and reached a record high in March, data from statistics agency IBGE showed on Wednesday, though high borrowing costs continue to restrain a broader recovery.Sales rose 0.5% in March from the previous month, while econ...Reuters
an hour ago
WRAPUP 7-Trump lands in China for Xi summit with Nvidia CEO in tow
Trump and Xi set to hold series of talks May 14-15Nvidia's Huang added to trip last minute, source saysBusiness delegation largely trying to resolve China issues Bessent negotiates with Chinese officials in South KoreaBy Laurie Chen, Trevor Hunnicutt and Heejin Kim BEIJING/SEOUL, May 13 (Reut...Reuters
an hour ago
US annual producer inflation climbs to 6% in April vs. 4.9% expected
Producer inflation in the United States, as measured by the change in the Producer Price Index (PPI), rose to 6% on a yearly basis in April from 4.3% in March, the US Bureau of Labor Statistics (BLS) reported on Wednesday.Fxstreet
an hour ago
US producer prices post biggest gain in four years in April
WASHINGTON, May 13 (Reuters) - U.S. producer prices increased more than expected in April, posting their biggest gain since early 2022, the latest indication that inflation was accelerating amid the war with Iran. The Producer Price Index for final demand surged 1.4% last month after an upwar...Reuters
an hour ago
To dot or not? Warsh's first Fed rate projection could out his views to the public - and Trump
Warsh's first rate projection will be most detailed view of policy stanceMiran's departure removes a dovish outlier from Fed projections, highlighting Warsh's choicesWarsh likely to pursue changes to Fed's projection process, could withhold dot altogetherBy Howard Schneider WASHIN...Reuters
2 hours ago
Indian Rupee: Import tariffs hike on Gold supports INR – BNY
BNY’s Bob Savage highlights that India has reversed earlier duty cuts by raising import tariffs on Gold and Silver to 15% from May 2026. The move aims to curb bullion imports, narrow the trade deficit and support the Rupee amid external pressures.
ECB’s Rehn: Monetary policy should not be based on oil prices alone
European Central Bank (ECB) official and Finnish Central Bank Governor Olli Rehn said during European trading hours on Wednesday that higher oil prices should be the only factor to direct monetary policy decisions. Rehn added that the central bank needs to assess the scope of energy shocks.
Fxstreet
3 hours ago
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Marvell Technology Inc Stock (MRVL) Opened Up by 3.11% on May 13: What Signal Does It Send?
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Alibaba Group Holding Ltd Stock (BABA) Opened Down by 3.05% on May 13: Facts Behind the Movement
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