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June 02, 2026
EZ HICP Review: Headline Rise Capped by Food & Energy, Services Jump Seasonal?
June 2, 2026 9:50 AM UTC
Even given what seem to be a series of reassuring aspects, the May flash HICP data is unlikely to have a material impact on ECB thinking. As expected, and helped by German fuel subsides which kept the energy rise to around zero, headline HICP rose just 0.2 ppt to 3.2%, still a 32-mth high, but whe
June 01, 2026
U.S. May ISM Manufacturing - Supported by AI, inflationary pressures pause
June 1, 2026 2:27 PM UTC
May’s ISM manufacturing index at 54.0 is stronger than expected, up from 52.7 in April and the highest since May 2022. This is consistent with several other manufacturing surveys, notably the S and P national survey, and suggests the manufacturing sector is gaining momentum, most likely fueled by
AI Labs IPO Fever
June 1, 2026 12:58 PM UTC
· Space X could get an initial good reception, but then go flat waiting for the Open AI and Anthropic IPO’s. Space X is an AI enterprise play rather than space and xAI is lagging. This could mean a modest correction in the U.S. equity market at some stage in the summer, but then the