European Shares Slip ahead of U.S. Inflation

U.S. inflation data due at 1230 GMT Euro flirts with parity; could worsen EZ inflation Spanish banks, power utilities extend decline Orion jumps on raising outlook after Merck deal July 13 Reuters European shares slipped on Wednesday, as investors awaited data for U.S. inflation, expected to hit 40year highs, cementing the case for a large […]
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Sterling Edges Higher as UK Growth Beats Forecasts

LONDON, July 13 Reuters The British pound rose slightly on Wednesday, helped by a broadly weaker dollar and after data showed the UK economy grew unexpectedly in May. Economic output expanded by 0.5 in May, although consumer services fell as the surge in inflation hit shoppers. A Reuters poll of economists had pointed to zero […]
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Chinas Exports Pick Up Speed in June as Economy Bounces

China June export grows at fastest pace in 5 months China June imports growth slows, miss f39;cast Overall export outlook still faces uncertainty Darkening global economic backdrop, Ukraine war add to strain BEIJING, July 13 Reuters China39;s exports grew at their fastest pace in five months in June, exceeding analysts39; expectations and adding to evidence […]
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Oil Edges Higher after Slide below 100

API shows crude stocks rise in latest week sources Biden39;s visit to the Middle East in focus Coming up EIA supply report, U.S. inflation data LONDON, July 13 Reuters Oil edged up on Wednesday, a day after settling below 100 a barrel for the first time since April, and gains were limited by a U.S. […]
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