Reply To: Traders Market Weekly: Inflation and Bear Market Rallies

#41275
Truman
Participant

U.K.’s July Nationwide HPI 0.1% m/m (expected 0.3%; last 0.2%); 11.0% yr/yr (expected 11.5%; last 10.7%)
Spain’s July Unemployment Change 3,200 (expected -40,300; last -42,400) and July Consumer Confidence 55.5 (last 65.8)
Swiss July procure.ch PMI 58.0 (expected 57.9; last 59.1) and Q3 SECO Consumer Climate -28 (last -18)
BP reported better than expected results and announced a buyback increase.
Shipper Maersk raised its outlook.
Moody’s commented on a rising risk of stagflation in the EU.