- News has been encouraging
- Achieving inflation target has been a bumpy ride, it was always going to be and that last mile is the hardest work
- What's going on in the Middle East does pose a risk
Today's UK CPI data was a bit of a setback.
Today's UK CPI data was a bit of a setback.
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Oakland home prices plunge, hitting steepest drops nationwide. Sellers face tough valuations.
Alphabet is planning its first yen-denominated bond sale across up to eight maturities, expected to total several hundred billion yen, as part of a broader push to fund $190 billion in AI capital spending this year.
Alphabet's Google Cloud surges 63% on AI demand, boasts $460B backlog. Valuation still attractive.
BSY beats Q1 estimates with 14.5% revenue growth. AI investments may impact margins, but demand is strong.
US & Japan coordinate on FX intervention. Japan spent ~$63.5B to support yen, seeking US backing.
Japan and the US reaffirmed close coordination on currency markets, including intervention, after Finance Minister Katayama met Bessent in Tokyo, as Japan is suspected to have spent $63.5 billion defending the yen.
ALRM beats Q1 revenue & EPS estimates; AI drives growth, but hardware faces supply chain risks.
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