Wall Street

Inflation Worries Send Markets On Another Rocky Ride As UK Economy Shrinks

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ValueWalk

The UK economy shrank again in April as businesses felt the impact of price rises.GDP declined by 0.3% last month – a worse outcome than expected with all sectors shrinking.Asian stock markets have fallen sharply as soaring prices in America triggered fears there will be tougher on inflation.The US dollar strengthened to 135 Japanese yen for the first time in over two decades.Updates from Tritax Big Box REIT, Ferrexpo and Countrywide PropertiesQ1 2022 hedge fund letters, conferences and more Early Market Moves: Inflation Fears”Markets have set off on another rocky ride over inflation fears, fo…

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