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Reflation euphoria has a dark side for the world's emerging
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00:01 -
25/02/21 |
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Market pricing shows traders are bringing forward forecasts
for when the Fed will raise interest rates amid growing
reflation optimism. At the same time, there are limits to
how fast the central bank can act |
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10-year real yields on track for the biggest weekly jump
since last March |
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Factory output in the euro area’s two largest economies
proved resilient in February even as lockdown restrictions
continued in both countries
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Retail sales fell more than twice as fast as expected in
January - Less severe than the 18% drop during the 1st
lockdown But volumes still 5.5% < pre pandemic |
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