surprise Archives - Global Banking Monitor

Bank of England Receives a Festive Surprise This Christmas

To be ultra clear, prices are still rising. But they aren’t rising as rapidly as they were. And they aren’t rising as rapidly as...

Italy’s Economy Faces Surprise Contraction, a Challenge for Meloni

Italy’s economy unexpectedly contracted in the second quarter, a setback for premier Giorgia Meloni’s government as it tries to sustain prosperity and cut debt. Gross...

UK Borrowing Costs Plummet Following Surprise Drop in Inflation

U.K. government borrowing costs fell sharply Wednesday morning as a cooler-than-expected inflation print rippled through markets. The yield on two-year U.K. government bonds, which are...

Canada’s Inflation Surprise Sparks Concerns of Rate Hike, Say Economists

April inflation took economists by surprise, accelerating 4.4 per cent from a year ago, instead of the forecasted 4.1 per cent. It’s the first time...

Surprise Jump in Jobless Claims Causes Dow Jones to Fall; Costco’s Sales Drop

The Dow Jones Industrial Average fell Thursday morning after a surprise jump in the Labor Department's weekly first-time jobless claims. Meanwhile, membership warehouse retailer...

Surprise Half-Point Rate Hike by RBNZ Causes Jump in Kiwi

New Zealand’s central bank unexpectedly raised interest rates by 50 basis points, maintaining its pace of tightening to tame inflation even as the economy...

Saudi Arabia Increases Oil Prices to Asia in Response to OPEC+ Surprise Cuts

Saudi Arabia hiked official selling prices for all of its oil sales to Asian customers in May, days after the kingdom led a surprise...

What OPEC’s surprise production cut means for our oil stocks

Crude prices and oil stocks jumped Monday after OPEC+ members announced a surprise production cut, giving investors an opportunity to pare back their energy...

OPEC+ announces surprise oil production cut that could lead to higher prices at pump

A group of OPEC+ member countries on Sunday announced voluntary oil production cuts that will run from May through the end of this year. The...

Banking crisis shakes US markets and poses surprise risk to economy

In the weeks since Silicon Valley Bank's collapse and associated crisis in the global banking world, the U.S. Treasury market has been ground zero...

Stripe employees get to sell $1bn of shares

Strategies for Upskilling Your Workforce in an AI-Driven Economy

Five Strategies for Enhancing Internal Communications in Banks

Tag: surprise