New US inflation data hurts markets

May 12, 2022 | Currency, Economy, Money Market

Risk sentiment soured after the US CPI report showed stronger than expected inflationary pressure, driving the S&P500 down to a fresh low, notes BNZ Market. “The US yield curve has flattened, with higher short rates and lower long-term rates,” says Jason Wong, senior markets strategist. “The yen has been well supported against the backdrop of […]

 


 

You need an active membership to keep reading

either log in via the form below or click here to subscribe

If you have recently subscribed and selected to pay by bank transfer our admin team will activate your membership once payment has cleared

[adrotate banner="4"]

Your Advertisement Here

Contact us now to discuss advertising options

Your Advertisement Here

Contact us now to discuss advertising options