Realities Of Natural Gas In Europe May Be Confusing. RBA Decided On Interest Rate. What's The Goal Of The Australian Central Bank?

Summary: Bond yields are climbing together with global equities on the back of an upside surprise to inflation in South Korea and better than expected PMI figures out of China bolstering growth/inflation trades. RBA hiked 0.5% point taking the the cash rate to 1.35% lifting the AUD as the central bank is still aiming to cool the economy and inflation. We also talk about the natural gas situation in Europe, which is getting worse, and SAS filing for Chapter 11 in New York this morning after failing to strike a new deal with 1,000 pilots. Today's pod features Peter Garnry on equities and Ole Hansen on commodities.

Listen to today’s podcast - slides are found via the link.

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Source: Podcast: RBA hikes and inflation trades are back | Saxo Group (home.saxo)

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