UK BRC Shop Price Inflation (Jan) 1.5% vs. Exp. 0.7% (Prev. 0.6%, Rev. From 0.7%)
The UK BRC Shop Price Inflation came in significantly above expectations at 1.5%, compared to the anticipated 0.7%.
[MARKET UPDATE] Asia-Pac stocks begin mixed following the rebound on Wall St and US President Trump's latest tariff threat against South Korea
Australia sells AUD 1bln 1.50% June 2031 bonds, b/c 3.46, avg. yield 4.4382%
UK BRC Shop Price Inflation (Jan) 1.5% vs. Exp. 0.7% (Prev. 0.6%, Rev. From 0.7%)
Top Border Patrol official Bovino has been removed from his role as US Border Patrol commander at large, according to The Atlantic
Japanese Services PPI (Dec) 2.6% vs Exp. 2.7% (Prev. 2.7%)
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This stronger-than-expected inflation signal could suggest rising consumer prices are becoming a more pressing concern, which may influence central bank policy discussions regarding interest rates and inflation targeting going forward.
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