The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
Global markets are awaiting the release of May 2026 US CPI data, with headline inflation expected to spike above 4% driven by energy and manufacturing costs. While crude oil prices show signs of easing, expectations for interest rate hikes by both the Federal Reserve and the ECB are mounting. Investors are currently reassessing the interest rate trajectory following a significant tech-led selloff and a rotation out of semiconductor stocks.