UK Inflation Cools in Boon for Reeves, Hutchison to Proceed With Port Deal | The Opening Trade 03/26

UK inflation unexpectedly cooled, strengthening the case for the Bank of England to cut interest rates again in May and providing a morale boost for Chancellor of the Exchequer Rachel Reeves ahead of a key economic statement later today. CK Hutchison’s plan to sell two Panama ports to a BlackRock Inc.-led group is moving ahead as scheduled, people familiar with the matter said, in a sign that negotiations have not yet been disrupted by China’s anger over the transaction. The Opening Trade has everything you need to know as markets open across Europe. With analysis you won’t find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Anna Edwards and Kriti Gupta.

Chapters:
00:00:00 – The Opening Trade
00:03:36 – Wheat steadies on Ukraine talks
00:08:24 – US Consumer Confidence Lowest in 4 years
00:15:27 – Isabelle Job-Bazille, Credit Agricole
00:24:22 – UK Chancellor’s Spring Statement Today
00:28:01 – Laurence Mutkin, BMO
00:36:51 – US Says Black Sea Truce Agreed
00:50:01 – Obe Ejikeme, Carmignac Global Equities
01:08:06 – US Tariffs on Copper May Come in Weeks
01:27:41 – Meg Hillier, UK Labour Party MP
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