BoE DMP (May):
[MARKET ANALYSIS] Crude off lows while Washington gives Iran till the end of the week to respond
Telenor (TEL NO) is reportedly exploring the sale of its digital bank in Pakistan, Bloomberg reports
BoE DMP (May):
[MARKET ANALYSIS] European bourses mixed, technology continues to sell-off following AVGO's disappointing guidance
BofA weekly flow data shows USD 39bln into bonds (a record inflow), USD 122bln into cash, USD 23.1bln into stocks, USD 2bln out of crypto (biggest since November 2025), USD 3.1bln out of gold (biggest in 10 weeks)
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- Raises 1yr ahead CPI to 3.7% (prev. 3.5%)
- 3yr ahead CPI to 2.8% (prev. 2.8%)
- 1yr ahead wage growth 3.4% (prev. 3.4%)
- 57% of firms expected to increase their prices (down 7 percentage points since April), and 5% expected to lower prices.
- 68% of firms expected their profit margins to be lower (unchanged since April).
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