Friday 04/02/22

In MACRO & OIL NEWS, the Bank of England increases the interest rate as Sunak attacks fuel bills and markets bet on more rate rises, the ECB expresses concern about inflation but does nothing, Turkey's inflation spins out of control and US oil frackers see an end to the boom. In TECH NEWS, Facebook/Meta collapses, Snap announces its first profit, Amazon ups prices and benefits from Rivian while Nintendo faces a familiar problem and Infineon looks forward to year 2 of the chip shortage. In MISCELLANEOUS NEWS, KPMG gets a hefty fine, UK retailers face a shaky start to 2022 and Compass recovers. AND FINALLY, I bring you some unique memorabilia...


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