Tag: Inflation
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European shares log worst day in two months on UK inflation shock, debt ceiling concerns
A fresh wave of selling saw European stocks notch their steepest one-day fall in two months on Wednesday as little progress in the US...
Sterling gives up initial gains after hot UK inflation figures
The pound slipped on Wednesday after data showed British inflation cooled by much less than expected in April.
Sterling initially rose after the data, which...
Stocks slide on U.S. debt ceiling and inflation woes
Stocks lurched downwards on Wednesday as U.S. debt ceiling negotiations dragged on without resolution, stoking a general malaise in markets that saw safe haven assets like...
Shares rise, but debt crisis and inflation data dent dollar
Global shares edged up in light trading on Monday, ahead of U.S. inflation data this week that could prove instrumental in setting expectations for...
Hilton signals travel demand recovery may hit inflation wall soon
The pent-up travel demand that helped Hilton Worldwide Holdings Inc (HLT.N) boost its annual profit outlook may run out of steam in the second half of...
