US PPI Ex Food, Energy and Trade MoM (Apr) M/M 0.6% vs. Exp. 0.3% (Prev. 0.2%)
The US PPI excluding food, energy, and trade printed at 0.6%, significantly above the expected 0.3% and notably higher than the previous month's 0.2%.
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 PPI Ex Food, Energy and Trade MoM (Apr) M/M 0.6% vs. Exp. 0.3% (Prev. 0.2%)
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 stronger-than-expected inflation reading could indicate persistent inflationary pressures, potentially complicating the Fed's monetary policy stance and influencing market expectations regarding future rate hikes.
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