Start-of-year price resets appear to have helped see a further increase in the breadth of inflationa...
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"FRENCH GOVERNMENT SURVIVES FIRST NO-CONFIDENCE MOTION FILED BY HARD-LEFT PARTY FRANCE UNBOWED (LFI) IN NATIONAL ASSEMBLY" - Reuters
That's as expected - we already knew the Socialists and LR parties were not going to support the RN or LFI's motions today, btoh of which were related to the Mercosur trade deal and not 2026 budget negotiations.
We expect confirmation that the RN's motion also failed shortly
Headlines via Reuters:
"BANK OF ENGLAND'S RAMSDEN: KEY DIFFERENCE FOR POLICY THIS YEAR IS WE ARE NOT LOOKING AT A HUMP IN CPI"
" BOE'S RAMSDEN: WAGES WILL REMAIN A KEY FOCUS FOR ME"
"BOE'S RAMSDEN: LATEST ONS WAGE DATA ARE ENCOURAGING""
" BOE'S RAMSDEN: LABOUR MARKET IS CONTINUING TO WEAKEN"
ERZ6 98.125/98.4375/98.50/98.8125 call condor, paper pays 4 in 10k