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Tesla price slashes working for now but analysts see ceiling on cuts
(Alliance News) - Electric carmaker Tesla Inc reported a 36% increase in first quarter production on Sunday, following its decision to cut the prices of its electric vehicles....
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Opec+ output cut puts Fed rate hike on table at next meeting
(Alliance News) - Markets on Monday were caught unawares by an Opec+ oil production cut, which supported the dollar as investors dialled back their dovish Federal Reserve expectations. ...
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Fed to be encouraged by fading of core PCE but hikes may continue
(Alliance News) - A key US inflationary gauge, and one preferred by the Federal Reserve, ticked lower last month, though likely not by enough to prompt the central bank to...
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Stubborn core eurozone inflation means more ECB hikes to come - ING
(Alliance News) - An uptick in eurozone core inflation suggests that the European Central Bank still has work to do, analysts at ING commented. ...
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Depressed UK mortgage approvals further evidence of weak demand
(Alliance News) - Despite the higher-than-expected mortgage approvals figures in February, data suggests prospective UK home buyers are still waiting for property prices to fall and mortgage rates to come...
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UK retail sales above pre-pandemic levels shows a "stagnant" economy
(Alliance News) - UK retail sales continued to increase in February, pushing them back above pre-pandemic levels, figures from the Office for National Statistics showed on Friday....
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"End of the road" for BoE rate hikes, UBS predicts
(Alliance News) - The Bank of England could be set to pause its hiking cycle at May's meeting, according to UBS, as inflation is set to fall sharply and cracks...
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Deutsche thinks BoE's UK rate call in May is "finely balanced"
(Alliance News) - Deutsche Bank expects the Bank of England to leave UK interest rates unchanged when it next meets in May, following today's 25 basis point increase to 4.25%....
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Nike not immune to market conditions despite beating consensus
(Alliance News) - For AJ Bell's Russ Mould, Nike Inc's latest trading update was reflective of fluctuating economic conditions, as better than expected earnings in the third quarter were underlined...
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Shock rise in inflation is "worst possible news" for Bank of England
(Alliance News) - A day before the Bank of England announces its latest interest rate decision, fresh figures from the Office for National Statistics on Wednesday showed an unexpected resurgence...
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