This Market Flash by Edmond de Rothschild provides an update on recent global market trends and economic developments, highlighting key factors influencing equities, bonds, and commodities.
Key Insights:
• U.S. Inflation: Slowed to 0.2% MoM, leading to a Treasury yield drop and boosting equity markets.
• European Equities: Strong performance driven by luxury goods and financial sectors; Stoxx 600 rose over 2%.
• Commodities: Oil prices climbed above $81 due to sanctions on Russian oil, adding inflationary pressure.
• Investment Strategy: Neutral on equities, preferring investment-grade corporate bonds in fixed income.
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