Some ECB members dial back aggressive rate hike expectations
- Central Bank continue to step up the fight against inflation (RBNZ again raised by 50bps). - Several ECB members (Rehn, Panetta) stressed that the p
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- Central Bank continue to step up the fight against inflation (RBNZ again raised by 50bps). - Several ECB members (Rehn, Panetta) stressed that the p
EU Mid-Market Update: More ECB speak on rate trajectory; Major Euro Area PMI data miss consensus. Notes/Observations - Despite no underlying changes i
- Risk aversion flows continue to dominate amid growth concerns. Asia - Australia Apr Employment Change: +4.0K v +30.0Ke; Unemployment Rate: 3.9% v 3.
- UK Apr CPI continued its ascent but came in slightly below consensus (YoY: 9.0% v 9.1%e). Was the 9th month above target and highest annual pace sin
EU Mid-Market Update: Finland and Sweden set to submit NATO applications in historical move while Russia pulls back from 2nd largest Ukrainian city Kh