From Nasdaq.:

Yesterday’s market movements saw equities and oil prices rise, while Treasury yields remained mixed and the dollar and gold both fell. The CPI also indicated a sharp increase in overall medical services inflation. Deutsche Bank reported that nearly 40% of the globe still lacks internet access. This week, investors are watching inflation and retail sales in the US and Europe, as well as earnings reports from several major companies. BlackRock’s ESG fund assets under management saw significant growth last year. Global bonds have erased all the gains made since Powell’s pivot in December. Other news includes the ECB needing more data on inflation, a possible rate hike in Japan, and a surge in credit markets despite hot US inflation. China’s oil imports from Iran also fell to an 11-month low. These developments indicate a persistent disconnect between bond yields and equity markets, and highlight the increasing importance of ESG factors in investment decisions.



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