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The GBP/MXN currency pair held mostly steady on Wednesday ahead of the outcome of the Bank of England’s policy meeting.

The BoE is expected to leave its benchmark interest rate intact at 3.75% at its April 30th meeting.

In March, the BoE highlighted global energy price risks from the Middle East conflict and stressed readiness to act to maintain 2% CPI inflation...


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Key Moments Phillips 66 reported adjusted earnings of $0.49 per share for the quarter ended March 31, beating expectations for a $0.40 per-share loss. Refining segment results improved sharply, with realized refining margins rising to $10.11 per barrel and the unit shifting to a $208 million adjusted profit from a $937 million loss. Crude capacity utilization increased to 95% ...

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Key Moments Visa shares rose 5% in premarket trading after the company reported second-quarter profit above expectations and lifted its full-year earnings forecast. Cross-border payment volume increased 12% on a constant-dollar basis in the second quarter, compared with 13% in the same period a year earlier. Visa’s board approved a new $20 billion multi-year share repurchase p...

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Key Moments Silver traded at $72.43 per ounce at 8:45 a.m. Eastern Time, down $1.03 from the same time yesterday. The metal has climbed from $32.94 per ounce one year ago, a gain of more than $39 and +119.88% year over year. Despite its long-run underperformance versus stocks since 1921, silver is highlighted for its inflation-hedging and store-of-value characteristics. Spot...

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Key Moments Q1 results highlighted improving business trends at United Parcel Service, Inc. (NYSE: UPS) and a faster path toward an inflection point despite subdued guidance. Institutional investors have boosted their holdings to more than 60% of UPS shares and accelerated net buying to nearly $4 for every $1 sold in Q1 2026. UPS shares currently offer a dividend yield above 6...

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