China Stock Rebound Chinese equities rallied as Beijing stepped up its efforts to stem a rout with a string of policy announcements including a state fund’s vow to boost stock purchases. President Xi Jinping is also set to receive a briefing from Chinese regulators on financial markets, according to people with knowledge of the matter, undersco...
Read MoreBoE Rate Decision The BOE will probably hold rates today after the Fed did so yesterday. But it may deliver a lower inflation forecast, potentially opening the way for easing. Markets are pricing in rate cuts starting in the middle of the year. The Bank of England is likely on Thursday to deliver a brighter outlook for the UK economy, reducing i...
Read MoreUK Inflation Inflation in UK stores fell to the lowest level in more than 18 months in another sign that the cost-of-living crisis is starting to ease. Shop prices were 2.9% higher year-on-year in January compared with a 4.3% annual increase in December, the British Retail Consortium said Tuesday. That’s the lowest since May 2022 as retailers o...
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