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Earnings in full flow – Focus turns US GDP and Core PCE data

Earnings in full flow – Focus turns US GDP and Core PCE data
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Eurozone PMI services readings mixed but remain in expansion territory

- European PMI Services data mixed but remain in expansion territory (Beats: UK, Italy, Spain; Misses: France, Germany, Euro Zone); In general, firm r

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More ECB speak on rate trajectory

EU Mid-Market Update: More ECB speak on rate trajectory; Major Euro Area PMI data miss consensus. Notes/Observations - Despite no underlying changes i

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European inflation data continues to climb, remain at multi-decade highs

- UK Apr CPI continued its ascent but came in slightly below consensus (YoY: 9.0% v 9.1%e). Was the 9th month above target and highest annual pace sin

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Safe-haven flows continue to dominate

- Risk aversion sentiment continues; USD buoyant due to safe-haven flows. Bond yields lower. - UK Q1 and Mar GDP data most miss consensus, concerns th

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