Breakfast Brief: The Good (Alibaba) The Bad (US jobless claims) The Ugly (BoE rate hike)
Published Date: 05-08-2022
In today's Breakfast Brief, we discuss The Good, Alibaba's shares rising nearly two percent. The Bad, US jobless claims came in slightly higher-than-expected and The Ugly, BoE hiking ratesby 50 basis-point as expected and forecasting a recession lasting for five quarters.
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