European natural gas prices surge after rallying 43% last
week as Russia’s steep supply cuts put governments on high
alert amid a mounting possibility of rationing |
00:01 - 22/06/22 |
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The Russia-Europe gas row could deal a new upside shock to
euro-area inflation and increase the probability for the ECB
hiking rates by 50 basis points in September |
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UK inflation reached a 40-year high of 9% in April and,
whilst most retailers could gradually increase prices and
pass costs onto customers, high inflation will pressure
their profitability in the short term |
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A further 10% decline in the yen would be enough to trigger
a change in policy by the Bank of Japan, according to
Nouriel Roubini
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Goldman says China-Taiwan tensions have risen to the highest
in the past decade, and it's created a new indicator to
measure market implied risks |
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