RedFX currency update – plenty to digest in terms of data and inflation – something that the global economy hasn’t seen for 2 decades.
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Interesting times
Read MoreBBC website headline this morning is: Sri Lanka in economic emergency as food prices soar .. “The government says it will seize food stocks and set prices to contain inflation”.
Read MoreA quick look at some headlines gives us a broad backdrop to the stresses and strains in the real economy. Looking back to Central Banks comments in the last 6months, I bet they are still hoping that inflationary pressures ARE transitory, because the pressures are taking hold.
Read MoreBilan rassurant pour la zone euro, la BCE apporte son soutien à l'économie européenne. "Le delta inquiète, il faut rester vigilant face à l'épidémie" Kevin Tullett, CEO RedFX
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