Economists polled by Reuters had anticipated inflation would reach 3.4% in the twelve months to June.
Economists polled by Reuters had anticipated inflation would reach 3.4% in the twelve months to June.
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The strong performance was propelled by higher client activity with notable strength in equity trading.
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Mortgage demand dropped 10%, as new concerns over tariffs and the economy hit both investors and consumers.
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Analysts expect net interest income — the difference in what banks pay depositors and what they earn on loans and investments — to have risen in the period.
U.S. Treasury yields moved lower on Wednesday as investors reacted to positive news on the inflation front.
U.S. Treasury yields moved lower on Wednesday as investors awaited more inflation data and considered the impacts of tariffs on consumer prices.
Renault has lowered its 2025 guidance and announced the appointment of a new interim chief executive officer.
Renault has lowered its 2025 guidance and announced the appointment of a new interim chief executive officer.
Renault has lowered its 2025 guidance and announced the appointment of a new interim chief executive officer.
The Swiss luxury group’s Japan sales declined 15% year-on-year in the fiscal first-quarter, even as wider group sales rose.
While U.S. inflation figures didn’t surprise market watchers and investors, the fact that the downbeat expectations were realized still weighed on stocks.
ASML reported second-quarter earnings that beat estimates with the its key net bookings figure ahead of consensus.
ASML reported second-quarter earnings that beat estimates with the its key net bookings figure ahead of consensus.