Reply To: Traders Market Weekly: Markets Rupture with Soaring yields and Fund Outflows


There is a renewed concern about the supply of energy to Europe after it was reported that the Nord Stream pipeline is leaking gas. European Central Bank policymaker Centeno said that inflation will be higher and “less temporary” than he expected a year ago. Germany’s ifo Institute noted that sentiment among exporters has fallen to its lowest level since May 2020.
Eurozone’s August Private Sector Loans 4.5% yr/yr (last 4.5%) and loans to nonfinancials 8.7% yr/yr (last 7.7%)
Italy’s August non-EU trade deficit EUR5.79 bln (last deficit of EUR2.83 bln)