EnergyScan

EnergyScan logo
LOG IN
START A FREE TRIAL
LOG IN
START A FREE TRIAL

Core inflationary tensions are building in the US

  • Macro-economy

The Fed’s preferred measure of inflation accelerated to +3.1% yoy in April, but equities advanced further and the 10y bond yield fell below 1.6%. Markets still consider those tensions will remain transitory. The Chinese PMIs were solid in May, confirming the strengthening in domestic activity. By contrast, Japan looks closer to recession after weak retail sales and disappointing industrial output figures. The EUR/USD exchange rate remains rather stable near 1.22.

inflationary tensions in the us
Share this news :
Share on twitter
Share on linkedin
Share on email

You might also read :

ES-oil
July 30, 2021

Weak INE crude expiry in China

Crude oil prices in Europe and the US continued to climb, to reach 76 $/b for the ICE Brent September contract. On the opposite of…
ES-gas
July 7, 2021

Strong downward correction

European gas prices dropped significantly yesterday, pressured by below-normal demand and technical correction, which outweighed the impact of lower Russian supply. Indeed, due to maintenance…
Join EnergyScan

Get more analysis and data with our Premium subscription

Ask for a free trial here

START A FREE TRIAL
Subscribe to our newsletter
LOG IN

Don’t have an account yet?  Sign up here!

[booked-calendar]