Switzerland April CPI +0.6% vs +0.6% y/y expected

Prior +0.3% Core CPI +0.3% y/y Prior +0.4% Even with price pressures set to rise in the months ahead, the Swiss economy now feels like it has a bit of a buffer to work with. But in the bigger picture, it’s not exactly a good thing if the Swiss franc continues to stay at more […]
Astros Designate Daniel Johnson For Assignment

The Astros announced that outfielder Daniel Johnson has been designated for assignment. His roster spot goes to fellow outfielder Zach Cole, who has been recalled from Triple-A Sugar Land in a corresponding move. Chandler Rome of The Athletic was among those to pass along the news. Johnson, 30, was added to Houston’s roster a couple […]
BP shares are around a 16-year high, so why am I buying more as soon as possible?

Image source: Getty Images BP (LSE: BP) shares are trading near their 31 March one-year high of £6.09. And the last time this was reached was in April 2010. To many, this may suggest there is little or no value left in the stock. But this is conflating two separate measures when it comes to […]
Iran parliament speaker says US has jeopardised shipping security through Strait of Hormuz

The translated message: “The new equation of the Strait of Hormuz is in the process of being solidified. The security of shipping and energy transit has been jeopardized by the United States and its allies through the violation of the ceasefire and the imposition of a blockade; of course, their evil will diminish. We know […]
RBA governor Bullock: We must get on top of inflation now before it gets away from us

The interest rate increase will help contain inflationary shock If second round effects feed through to expectations, then it could require even higher rates The cash rate level is now a bit restrictive That gives us space to see how the conflict plays out Q&A session: “Wait and watch” is probably the wrong term to […]
White Sox Sign Randal Grichuk

5:05pm: The Sox made it official, announcing that they have signed Grichuk. Hays goes on the 10-day injured list, retroactive to May 2nd, due to a left calf strain. Murray has been transferred to the 60-day IL to open a 40-man spot. 3:02pm: The White Sox and outfielder Randal Grichuk are in agreement on a […]
Justin Baldoni and Blake Lively Settle Legal War Over ‘It Ends with Us’

5:38 PM PT — Blake Lively showed up to the Met Gala with a smile on her face just hours after settling her legal battle. It ends with a settlement … Justin Baldoni and Blake Lively have finally ended their legal war … TMZ has learned. Our sources tell us Justin and Blake have agreed to […]
investingLive Asia-Pacific FX news wrap: Awaiting the RBA, expected to hike by 25bp

Bank of Canada’s Macklem backs Fed independence ahead of Powell departure RBA set to hike to 4.35% today. NAB sees cash rate peaking near 4.6%. Rabobank holds yen bull view despite poor run, eyes Hormuz as key risk Australian data: March household spending +1.6% m/m (prior +0.3%) Iran launches boats, missiles and drones at US […]
Braves Designate Jonah Heim For Assignment

The Braves announced they’ve reinstated catcher Sean Murphy from his season-opening injured list stint. That pushed Jonah Heim off the team, as he has been designated for assignment to create space for Murphy on the active roster. Atlanta’s 40-man count drops to 39. It’s an unfortunate but probably expected outcome for Heim. The switch-hitting backstop signed […]
Met Gala A-Listers Show Out

It’s the first Monday in May, so that means the Met Gala is here … Hollywood is descending on the Metropolitan Museum of Art in some head-turning outfits … and TMZ is streaming live. Check out the stars as they depart their hotels before making their arrivals at the Metropolitan Museum of Art … this […]