Pound Gets Reality Check as Slowing Inflation Hits BOE Bets [Bloomberg Business News]
Banco Santander, S.A. Sponsored ADR (Spain) (SAN)
US:NYSE Investor Relations:
santander.com/csgs/satellite/cfwcsancomqp01/en_gb/corporate/shareholders-and-investors.html
Company Research
Source: Bloomberg Business News
Options see pound fall back to $1.40 as more likely than rally Justifying a third hike ‘seems a stretch’, Santander says In the space of just three days, currency and bond traders have had their conviction on the possibility of two interest-rate hikes this year in the U.K. shaken. Sterling slid and gilts rallied Wednesday as inflation slowed to the weakest level in a year, the latest data point to suggest a full-blown tightening cycle isn’t needed after wage growth came in slower than expected Tuesday. While a hike in May is still almost fully priced in by markets, the chances of a second in 2018 have fallen. Traders now assign less than 40 percent for a follow-up in November, down from more than 50 percent at the end of last week. Losing Faith Investors are paring bets on the speed of BOE interest-rate increases Source: Bloomberg Note: Chart shows number of 25-basis-point hikes pric
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News
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- ROSEN, A TOP RANKED LAW FIRM, Encourages Banco Santander, S.A. Investors to Inquire About Securities Class Action Investigation – SANGlobeNewswire
- Levi & Korsinsky Reminds Banco Santander Investors of the Ongoing Investigation into Potential Violations of Securities Laws – SANAccesswire
- ROSEN, LEADING INVESTOR COUNSEL, Encourages Banco Santander, S.A. Investors to Inquire About Securities Class Action Investigation – SANGlobeNewswire
SAN
Earnings
- 2/1/24 - Miss
SAN
Sec Filings
- 4/18/24 - Form 6-K
- 4/11/24 - Form 6-K
- 4/5/24 - Form SBSE-A/A
- SAN's page on the SEC website