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Soft Chinese inflation "stark reminder" of need for stimulus
(Alliance News) - Unexpectedly soft China inflation figures on Monday painted a disconcertingly weak picture of the country's economy, strengthening the case for an economic stimulus. ...
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UK overnight swaps "less reliable" bank rate guide than normal
(Alliance News) - It is typically overnight index swaps that are indicative of the path of UK interest rates, but Berenberg analyst Kallum Pickering said recent developments suggest this may...
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UK construction sector slips into contraction territory in June
(Alliance News) - Driven by a worsening decline in residential work, activity in the UK construction sector fell in June from May, hitting a five-month low, a survey showed on...
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UK consumer confidence still a long way from any "sunny uplands"
(Alliance News) - A survey on Friday showed that UK consumer confidence in the year ahead is continuing to recover, despite record levels of inflation weighing down on the country's...
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UK jobs data reveals softening in labour market as wages lag inflation
(Alliance News) - Signs of weakness in the UK labour market were revealed by data on Tuesday, revealing wider trends about the health of the British economy. ...
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UK economy "not in good health" despite marginal first-quarter growth
(Alliance News) - The UK economy managed to eke out marginal growth in the first quarter of 2023, numbers on Friday showed, but, amid a poor GDP reading for the...
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Latest US inflation print eases pressure on Fed to keep hiking rates
(Alliance News) - Data from the US Bureau of Labor Statistics on Wednesday showed that US consumer prices rose in line with expectations on a monthly basis in April....
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China's imports slowdown highlights "uneven" post-Covid bounce
(Alliance News) - China's recovery from the Covid-19 pandemic will be a bumpy one, if Tuesday's trade data from the world's largest economy is anything to go by. ...
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Adidas shares soar despite company "hurting" from Yeezy split
(Alliance News) - Adidas AG on Friday said its performance over the first quarter of 2023 was "a little better" than expected, despite swinging to a loss after ending its...
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Pound spikes above USD1.26 as dollar under pressure before US nonfarms
(Alliance News) - Turmoil for US regional banks and the end of the Federal Reserve's tightening cycle helped the pound spike to a one-year high on Friday. ...
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