-
Weekly Markets Monitor - Nasty surprises
The past week saw US‑Iran tensions ease following peace talks, with shipping through the Strait of Hormuz resuming. Meanwhile, macro data pointed to continued resilience in the US despite persistent price pressures; activity improved modestly in the eurozone, strengthened in Japan, and eased in India while remaining robust. China kept policy rates steady and introduced measures to improve liquidity management and policy transmission. Major global stock markets closed the week mixed, while US Treasury yields declined, the dollar strengthened and oil prices eased. Global inflation surprises turned positive in May for ... (full story)
- Comments / Top
- Subscribe
-
Related Stories
BREAKING: U.S. and Iran agree to halt strikes and meet this week, U.S. officials tell me. My story on @axios
From stonex.com | 3 hr ago
As the Memorandum of Understnading over the Middle East went into effect last week this gave gold a short-lived uplift, but resistance from the ten-day moving average was strong enough to repel advances. Tensions flared again over the weekend and have put gold onto the back foot once more as concerns over medium-term inflationary forces and the associated ...