|
|
|
|
|
|
|
27.06.26 - 14:30
|
Brutal Heat Wave Scorches Europe, Raising Climate Inflation Concerns (Bloomberg)
|
|
|
Europe has been experiencing a record-breaking heat wave, with temperatures soaring to historic highs, particularly in France where temperatures were above 110 degrees Fahrenheit. Bloomberg News Weather & Climate Reporter Joe Wertz and Climate Reporter Emma Court are on Bloomberg This Weekend to warn that such extreme heat events are likely to become more frequent globally, potentially driving up costs and contributing to what is being termed 'climate inflation,' placing additional financial burdens on consumers. (Source: Bloomberg)...
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
26.06.26 - 17:33
|
UMich Sentiment Rebounds From 46-Year Record Low In June, Inflation Fears Fade Further (ZeroHedge)
|
|
|
UMich Sentiment Rebounds From 46-Year Record Low In June, Inflation Fears Fade Further
Having rebounded from record (46 year) lows in preliminary June data, University of Michigan's final June Sentiment survey was expected to show further improvement as gas prices have fallen since the US-Iran 'peace' MoU signing.
And it did with the headline index rising from 48.9 flash and 44.8 prior to 49.5 (but that was below the 50.0 expectation)...
Both Current Conditions and the Expectations Index also rebounded with the former outperforming...
Consumer sentiment confirmed its early-month reading, rising about 10% above May as gas prices moderated.
"Increases were seen across income, wealth, and political affiliation," Joanne Hsu, director of the survey, said in a statement.
Expected business conditions over the next five years surged 16% as consumers' worries over long-term consequences of the Iran conflict appear to be easing.
"Still, sentiment remains in unfavorable territory at 13...
|
|
|
|