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UK private sector slowdown bolsters case for BoE to stop hiking soon
(Alliance News) - The UK private sector saw a considerable slowdown in growth in July, according to initial survey results from S&P Global on Monday....
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June retail boost could be "last hurrah" before purse strings tighten
(Alliance News) - The resilience of the British consumer continues to surprise market forecasters, but a sharp fall in consumer confidence suggests the other shoe may drop during the second...
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Netflix quarterly subscriber jump shows "not sharing is caring"
(Alliance News) - Whether Netflix Inc can grow its advertising revenue and hike membership costs will be decisive in months ahead, given the inflationary pressures facing consumers, according to analysts....
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Tesla's "record" second quarter disappoints as profit margins squeezed
(Alliance News) - Tesla Inc on Wednesday reported a "record" second quarter, with revenue jumping 47% year-on-year thanks to its energy generation & storage and automotive arms. ...
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Analysts say 25 basis point hike expected after UK inflation eases
(Alliance News) - The Bank of England is expected to enact a tamer quarter-point rate hike in August, though policymakers will not be "popping the champagne corks just yet", despite...
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Beijing to "keep ammunition in reserve" when it comes to stimulus
(Alliance News) - Whilst China's economic data on Monday was broadly considered disappointing, for some, it has stirred up hopes of further potential government stimulus. ...
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Downcast sentiment to hit eurozone third quarter - Oxford Economics
(Alliance News) - Initial sentiment indicators suggest that the European economy "remains very weak" at the start of the third quarter of 2023, according to analysis from Oxford Economics on...
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UK economy proving resilient but "a far cry from robust"
(Alliance News) - The UK economy has been surprisingly resilient, but it remains to be seen whether that will continue for long as the effects of monetary tightening take hold...
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Bank of England to be "chilled" by UK wage inflation data
(Alliance News) - A mixed bag of data on the UK labour market is set to be another headache for the Bank of England, according to market analysts. ...
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Corporate America to report weakest quarter since Covid pandemic
(Alliance News) - US corporates take centre-stage starting Friday when major banks kick off the reporting season, though de Vere analyst Nigel Green fears New York-listed firms will post drab...
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