Here is how Palomar (PLMR) and Commonwealth Bank of Australia Sponsored ADR (CMWAY) have performed compared to their sector so far this year.
(Bloomberg) -- Australia’s inflation came in faster than expected in April, suggesting price pressures remain stubbornly strong and bolstering the case for the Reserve Bank to keep interest rates at a 12-year high next month.Most Read from BloombergWall Street Returns to T+1 Stock Trading After a CenturyWorld’s Largest Nuclear Plant Sits Idle While Energy Needs SoarTreasuries Hit as US Sales Struggle to Lure Buyers: Markets WrapNew BYD Hybrid Can Drive Non-Stop for More Than 2,000 KilometersCono
(Bloomberg) -- Australia’s central bank resumed a discussion of interest-rate hikes at its May policy meeting before deciding that the case to stand pat was stronger as it aims to avoid “excessive fine tuning.”Most Read from BloombergOne Dead After Singapore Air Flight Hit By Severe TurbulenceASML and TSMC Can Disable Chip Machines If China Invades TaiwanHims Debuts $199 Weight-Loss Shots at 85% Discount to WegovyJamie Dimon Says Succession at JPMorgan Is ‘Well on the Way’Iran State TV Says ‘No