Greetings,
United States: The 10-year yield is back above 2%.
Meanwhile, the Treasury curve keeps flattening.
Commodities: Here is last week’s performance across different commodity markets.
Energy: US shale oil production and fracking fleet counts are recovering, albeit still below pre-pandemic levels. A wave of exploration and production activity could occur later this year, based on expectations from PGM Global.
Equities: Equities no longer look overbought, according to BCA Research.
Eurozone: How much will energy prices hit the euro-area economy?
Food for Thought: COVID fatality ratio:
Edited by William Villacis
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