Inflation data shocks markets

UK and European markets are lower this morning after a sell-off in the US over inflation fears.

Inflation data shocks markets

Share on facebook
Share on twitter
Share on linkedin

UK and European markets are lower this morning after a sell-off in the US over inflation fears. The US Federal Reserve has long said that any price rises will be temporary but investors fear that increasing pressure will prompt the Fed to tighten policy at an earlier date than has been expected.

Data released yesterday showed that the Consumer Price Index spiked 4.2% from a year ago. US inflation is now accelerating at its fastest pace since 2008. Latest data also showed that inflation in Germany and France is also on the rise.

Disclaimer:  ‘Where the business has expressed opinions, they are based on current market conditions, they may differ from those of other investment professionals and are subject to change without notice. The information contained within this communication is believed to be reliable but Realm Investment Management Limited does not warrant its completeness or accuracy. This communication is not intended as a recommendation to invest in any particular asset class, security or strategy. Regulatory requirements that require impartiality of investment/investment strategy recommendations are therefore not applicable nor are any prohibitions to trade before publication. The information provided is for illustrative purposes only, it should not be relied upon as recommendations to buy or sell investments.’

Download Our Free Brochure