Prospects for a swift pivot toward looser monetary policy in the US and Europe have been diminished by persistent inflationary pressures and stronger-than-expected labour market conditions over the past few weeks. Equity market sentiment in most major economies, however, has remained resilient, buoyed by a positive stream of corporate earnings news, especially from the technology sector. In our charts this week we focus on:
·       Consumer confidence in the US and Europe
·       US technological innovation
·       Semiconductor inventories in Asia
·       The Italian bond market
·       Credit conditions in the euro area
·       Internet sales in the UK

Read the full publication here: https://haverproducts.com/charts-of-the-week/

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