US Core PPI MoM (Apr) M/M 1.0% vs. Exp. 0.3% (Prev. 0.1%)
The US Core PPI for April came in significantly above expectations, suggesting stronger-than-anticipated inflationary pressures in the economy.
Currys (CURY LN) CEO Baldock has been identified as the individual to steer Boots through a possible GBP 5-7bln stock market listing, Sky News reports citing sources
German Current Account (Mar) 23.6B (Prev. 22B)
US Core PPI MoM (Apr) M/M 1.0% vs. Exp. 0.3% (Prev. 0.1%)
BCB's Galipolo says supply shocks are posing a challenge, resulting in dissonance in official numbers
Hapag Lloyd (HLAG GY) says its forecast for FY26 market growth is at 2-3% but subject to Middle East situation and US tariffs
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This notable deviation from consensus may prompt the Fed to reconsider its current policy stance, particularly regarding the pace of interest rate hikes, as it reinforces concerns about persistent inflation.
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