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The United States: Investors are covering short positions in TIPS amid concerns over persistent inflation.
The United Kingdom: This divergence between new housing instructions and new buyer inquiries suggests improving supply but moderating demand in the UK housing market.
India: India’s headline CPI slowed more than expected last month.
Equities: Small caps remain under pressure, with the S&P 600’s 12-month underperformance now surpassing 10%.
Commodities: If gold sustains this week’s gains, it will extend its winning streak to seven weeks.
Emerging Markets: The market is pricing in a sharp rise in Ukraine’s GDP amid hopes of an end to the war.
The Russian ruble surged.
Food for Thought: Global e-commerce revenue trends:
Edited by William Villacis
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