An up-to-the-minute news coverage curated by Newswella News from all over the world.
An up-to-the-minute news coverage curated by Newswella News from all over the world.
Six million bank and credit card customers could be owed PPI compensation after a landmark court ruling. Supreme Court judges have determined that financial groups cannot use a limitation defence in cases where they secretly charged a commission on PPI products. Bank bosses had previously argued in the legal dispute that they should not have …
US Core PPI YoY Prior was +1.6% (revised to +2.0%) Prices +0.5% m/m vs +0.3% expected Ex food/energy +2.7% y/y vs +2.3% expected Ex food/energy +0.2% vs +0.3% prior (revised to +0.2%) The US dollar rose around 20 pips on the headlines but has quickly retraced. Similarly, US 10-year yields rose 2 bps only to …