1st June 2021

  • Brent Oil Tops $70 as OPEC+ Flags Tightening Market Before Meet

Crude glut built up during Covid-19 pandemic has almost gone

Futures in London advance as much as 1.4% after monthly gain

https://blinks.bloomberg.com/news/stories/QU06WPT0G1KW

  • Biden Vows to End ‘Systemic Racism’ on Greenwood Anniversary

President proclaims day of remembrance honoring Tulsa massacre

Biden to travel to Tulsa this week to mark 100th anniversary

https://blinks.bloomberg.com/news/stories/QTZMADT0G1LA

  • German Inflation Climbs to Highest Since 2018 as Lockdown Eases

Consumer prices rose annual 2.4% in May; median est. 2.3%

Euro-area report on Tuesday expected to show increase of 1.9%

https://blinks.bloomberg.com/news/stories/QTYOJVT0G1KX

  • ECB Study on Inflation Targeting Finds Ranges Beat Hard Goals

Paper looks at strategies adopted across 20 economies

Results could have implications for ECB’s policy review

https://blinks.bloomberg.com/news/stories/QTYS5UT0G1L6

CLICK HERE TO READ THE FULL ARTICLE

For more information please contact Rubrics Asset Management. info@rubricsam.com.