Traders are now pricing two ECB interest-rate hikes this year after strikes on Iranian energy facilities pushed oil prices higher. The oil-driven inflation scare erased earlier gains in European stocks, moving markets into a risk-off stance. Monitor oil price moves and ECB pricing risk as the primary near-term drivers for European equities and bond yields.
Traders are now pricing two ECB interest-rate hikes this year after strikes on Iranian energy facilities pushed oil prices higher. The oil-driven inflation scare erased earlier gains in European stocks, moving markets into a risk-off stance. Monitor oil price moves and ECB pricing risk as the primary near-term drivers for European equities and bond yields.
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Request DemoOverall Sentiment
mildly negative
Sentiment Score
-0.30