Warby Parker said sales were hurt in the final weeks of December, which coincided with typical peak demand in the optical industry.
Archiv für den Monat: März 2022
BOE raises bank rate by 25 bps from 0.50% to 0.75%
Prior 0.50%Bank rate vote 8-1 (Cunliffe dissented in favour of maintaining bank rate at 0.50%)Some further modest tightening might be appropriate in the coming monthsThere are risks on both sides of policy judgment depending on how inflation prospects evolveExpects Q1 GDP to rise by around 0.75% q/q
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ForexLive European FX news wrap: Dollar sluggish, pound higher ahead of BOE
Headlines:Russia says that it is putting more energy into peace talks than Ukraine isRussia says that talks with Ukraine are continuingUK military intelligence: Russian invasion of Ukraine has largely stalled on all frontsECB’s Lagarde: Inflation increasingly likely to stabilise at 2% target over me
Stocks lurk lower, bond yields retreat further on the session
The post-Fed volatility is continuing to play out as equities start to push lower on the day now. S&P 500 futures are down 0.5% while European indices are also turning red on the day. The DAX is down 0.9% currently after a more optimistic open earlier.
The dollar is also making back some ground agai
The dollar is also making back some ground agai
Italy reportedly considering blocking export of raw materials
The headline remark is from its deputy industry minister. That’s not a normal comment to make and it comes at a time when markets are particularly sensitive to all of this with the whole supply chain crisis and geopolitical feud between Russia and Ukraine.