EBS hits daily volume record

NEWS

Last Wednesday (May 17), the US Bureau of Labour Statistics released a higher than expected rise in the core consumer price index (CPI) for April, signalling the potential for a further Fed rate rise in June. Core CPI rose 0.3%, a tenth above consensus expectations, said David Woo, global head of currency strategy at Barclays Capital in London. "The upside surprise in US core CPI triggered large moves across markets, with emerging markets and equities being hit hardest as inflationary fears

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