Monday, Jun 12, 2006

Markets on a knife-edge as US inflation figures could send markets into turmoil

TimesOnline: Traders prepared for more market upset as US inflation figures loom

US inflation figures due this coming Wednesday could trigger another sell-off in equities.
Wall Street Analysts have predicted a 0.3% increase in core inflation for items other than food and energy. An increase greater than 0.3% could spark off another sell-off in equities worldwide.

Posted by denzil @ 10:43 AM (530 views)
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1. Surfgatinho said...

Why does everywhere except the UK seem to have inflation. We all import the same stuff so I don't get it. You don't think someone's fiddling the figures?!

Monday, June 12, 2006 01:40PM Report Comment

2. harold said...

In part the fiddle is designed to force public sector workers to accept only a 2% wage increase. Rip-off Britain - surly not?

Monday, June 12, 2006 02:34PM Report Comment

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