Marketmind: Nearing the top?

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A look at the day ahead in European and global markets from Anshuman DagaSupport for weary Chinese property developers boosted Chinese and Asian stocks on Tuesday but inflation clearly tops the agenda for European investors this session.German and Spanish consumer prices will set the tone for markets a

Support for weary Chinese property developers boosted Chinese and Asian stocks on Tuesday but inflation clearly tops the agenda for European investors this session.

ECB President Christine Lagarde warned on Monday that euro zone inflation had not peaked and risks turning out even higher than currently expected. Money markets are pricing in more than 150 basis points of ECB interest rate increases by the end of June.

 

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