Marketmind: Peak inflation, seriously?

marketmind peak inflation seriously

Sumary of Marketmind: Peak inflation, seriously?:

  • News that inflation came off the boil in the United States last month was a win for those in the “inflation is transitory” camp and markets cheered the news too.
  • Not only was relief in equity and bond markets short-lived but there are plenty of other signs that the inflation debate is far from over.
  • Take data out this morning in Europe showing British inflation hit a more than nine-year high last month after the biggest monthly jump in the annual rate in at least 24 years.
  • China’s factory and retail sectors faltered last month with output and sales growth hitting one-year lows as fresh coronavirus outbreaks and supply disruptions took a toll.
  • Key developments that should provide more direction to markets on Wednesday:- Apple’s new iPhone 13 touts faster 5G, sharper cameras to spur trade-ins- Japan’s machinery orders rebound in sign of capex recoveryStory continues- Euro zone industrial output, employment, wages- ECB Bond Market contact group annual online conference.

Want to know more click here go to source.

From -

Generic selectors
Exact matches only
Search in title
Search in content

Site Language

By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.