Reply To: Traders Market Weekly: Apple, OPEC and Short Squeezes

#59481
Truman
Participant

European Central Bank policymaker Wunsch said that more rate hikes may be needed since real rates are still low while policymaker de Cos said that while there is more tightening to do, the ECB is getting close to the end of the hiking cycle.

Eurozone’s May Business and Consumer Survey 96.5 (expected 99.9; last 99.0). April Private Sector Loans 2.5% yr/yr (expected 2.7%; last 2.9%) and loans to nonfinancial corporations 4.6% yr/yr (expected 4.7%; last 5.2%)

Italy’s April PPI -4.8% m/m (expected 0.5%; last -1.5%); -1.5% yr/yr (expected -4.0%; last 3.7%). March Industrial Sales -0.3% m/m (expected 0.1%; last 1.3%); 4.3% yr/yr (expected 13.0%; last 7.2%)

Spain’s April Retail Sales 5.5% m/m (expected 0.7%; last 9.9%). May CPI -0.1% m/m (expected 0.9%; last 0.6%); 3.2% yr/yr (expected 4.4%; last 4.1%)