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US inflation, the true cost of zero commission trading

Today’s US CPI report expected to show prices rose 4.7% in May compared with a year ago

Today’s report on US consumer prices is expected to show that prices further accelerated in May, US president Joe Biden will use this week’s G7 summit to encourage allies to join Washington’s tougher stance towards Beijing, and Olympic sponsors worry if being associated with the games will damage their brand. Plus, the FT’s Eva Szalay interviews a market insider who says popular trading platforms that offer “zero commission” trades are not being entirely honest with customers. 

Will hot US inflation data unsettle markets?

https://www.ft.com/content/7377a5d6-73e8-442e-96e8-ea2535286c08

Joe Biden rallies allies to take tougher stance on China

https://www.ft.com/content/203d664a-c834-48d7-805d-c49d44aa2a9a

Japanese sponsors think twice about being associated with Tokyo Olympics

https://www.ft.com/content/2e8b9ce5-95e0-4114-884b-f05de926ccde

Retail trading frenzy reflects ‘broken’ US equity markets, says XTX’s Gerko

https://www.ft.com/content/d813fe90-29ba-4c98-ac57-c2919a7970b1

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Source: Economy - ft.com

Hot inflation may have become scorching in May and is expected to hit a 28-year high

Fragile US-led G7 tax compromise threatened by search for exemptions