- On Thursday, European and US share futures both increased as investors analysed inflation statistics and analysed officials' remarks to try to predict when the aggressive rate hike cycle by central banks across the world would come to an end.

- The Stoxx Europe 600 Index registered a slight gain after Francois Villeroy de Galhau, a member of the Governing Council of the European Central Bank, stated that the bank has already completed the most of its interest-rate increases. Although the S&P 500 and the heavily tech-heavy Nasdaq 100 closed Wednesday around session lows, contracts for US stocks indicated a comeback. The two-year Treasury yield was at 3.96% as the yields remained within a small range.

- The most recent US inflation report provided support for bond bulls and bears both. Core prices increased somewhat while the headline figure decreased year over year. Even if traders increased their bets that the Fed will lower interest rates at a faster clip than expected earlier in the week, swaps markets still support a quarter-point raise by the Fed in May.

-  UK's Chancellor Hunt: We are set to avoid a recession thanks to the steps we have taken.

 


Ben
Ben