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U.S. producer prices growth slows more than expected in July
- U.S. producer prices growth slowed more than expected on an annual basis in July, in the latest sign of cooling inflationary pressures in the world's largest...
Australia consumer sentiment improves in August after RBA hold- Westpac
-- Australian consumer sentiment improved in early August after the Reserve Bank kept interest rates unchanged and as the effects of recent tax breaks became more...
Citigroup's head of digital assets for markets unit departs, memo says
Citigroup's head of digital assets for its markets unit, Shobhit Maini, is leaving the bank after more than 14 years, according to an internal memo seen by Reuters. Maini, who joined Citigroup in 2010, according to his LinkedIn page, was global head of digital assets for Citi markets since 2021. He is leaving Citi to pursue an entrepreneurial opportunity in the digital asset space, said Lee Smallwood, head of markets innovation and investments at the bank, in the memo.
3 reasons why recession alarms are flashing a false positive, market vet says
Credit conditions are still too strong for the key conditions of a recession to be met, says Ed Yardeni.