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Sticky German inflation curbs investors’ ECB rate cut expectations
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Mortgage rates cut but borrowing pressures remain
More homeowners are facing the first stage of the repossession process, new figures indicate.BBC News - Top stories - Mortgage -
Inflation Rises, but Key CPI Index Climbs Less Than Expected
The Consumer Price Index, which measures changes in the costs of household goods, rose 0.3 percent in April, a slight drop from the month before, potentially helping the case for the Fed to cut interest rates this year.Inc. - Business - Inflation -
EUR/USD Little Changed; Dollar Weakness May Be Limited Near Term
The EUR/USD traded little changed, and Danske Bank Research generally expects the pair to continue being range-bound in the near term.The Wall Street Journal - World -
Gold Edges Higher, Supported by Fed Rate-Cut Bets
Gold edged higher in the early Asian session, supported by bets for Fed rate cuts which would enhance the appeal of the non-interest-bearing precious metal.The Wall Street Journal - World - Federal Reserve -
Traders examine interest rate bets after inflation updates
Also in this newsletter: Putin hits out at west, Slovak PM shot, measuring productivity in the officeFinancial Times - World -
U.S. inflation eased slightly in April, offering relief to investors and the Fed after a run of economic data at the start of the year revealed simmering price pressures.
U.S. inflation eased slightly in April, offering relief to investors and the Fed after a run of economic data at the start of the year revealed simmering price pressures.The Wall Street Journal - World -
Newey expects to join another F1 team
Adrian Newey says that he expects to join another Formula 1 team following his decision to leave Red Bull.BBC News - Top stories -
German travel giant says takes overtourism 'very seriously'
Yahoo News - World - Germany -
Astros' Blanco gets 10-game ban for sticky glove
Astros pitcher Ronel Blanco was suspended 10 games and fined an undisclosed amount after he was ejected by umpires Tuesday for a foreign substance in his glove.ESPN - Sports - MLB -
Siemens Cuts Digital Industries Outlook on China Weakness
Siemens cut fiscal 2024 guidance for its closely watched digital industries unit, citing a slower-than-expected recovery in its China automation operations, but raised its forecast for the smart infrastructure division.The Wall Street Journal - World - China
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