Tuesday 05/07/22

In MACRO, ENERGY & CRYPTO NEWS, Germany has a deficit, Turkey's inflation goes ballistic, coal and UK gas prices boom while the crypto bank behind the cryptocrash stops withdrawals. In CONSUMER & RETAIL NEWS, suppliers pass on higher costs, flight prices rise and Gen Z's feel best about their finances while AO World has a bad day. In MISCELLANEOUS NEWS, the chip boom loses momentum, Geely diversifies into phones, Starbucks hits back and Pret returns to profit.AND FINALLY, I bring you an unusual cake...


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