The situation in the Red Sea is worsening and it wouldn’t surprise us to see spill-overs to the energy space by now. Here is an update on the situation!
The consumer is rebounding fast due to several inflation-linked technicalities in January, while China is now obviously open for business. This should be fuel for equities despite all the bear-porn out there, but also worrying from an inflation perspective.
Service inflation is feeding through to Europe in size now, which makes the case for further ECB tightening compelling. Here are 7 charts on EUR inflation ahead of the Euro-zone print on Thursday and what it means for markets
After an outright terrible end to 2022 for consumer spending, 2023 has started off on a better note. Is the consumer spending back? And what are the driving forces behind the consumption comeback in case?