31st May 2022

  • German Inflation Hits Fresh Record, Piling Pressure on ECB

Food and energy costs send consumer prices up 8.7%; est. 8.1%

Data follow overshoot in Spain, which saw new all-time high

https://blinks.bloomberg.com/news/stories/RCP4L0T1UM0W

  • Fed’s Waller Backs Half-Point Rate Hikes at ‘Several’ Meetings

Waller wants to keep 50 bps hikes on table until prices cool

Waller says his rate-hike plan is in line with expectations

https://blinks.bloomberg.com/news/stories/RCPFRDT1UM0W

  • Treasuries Slide as Inflation Fears Eat Away at May Rally

Faster European inflation, Fed comments weigh on debt markets

Tightening will be longer than expected: Franklin Templeton

https://blinks.bloomberg.com/news/stories/RCQ522T0AFB4

  • Oil Roars to Sixth Monthly Advance on EU Ban, China’s Reopening

Brent benchmark heads for the longest winning run since 2011

Curb would temporarily exclude pipeline oil to satisfy Hungary

https://blinks.bloomberg.com/news/stories/RCQES2T0G1KY

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