German inflation concerns, but equity markets refuse to freak out
b'Tuesday 31st May 2022There isn\\u2019t much in the way of good news today, but that doesn\\u2019t seem to matter as far as equity markets are concerned. German inflation was a big upside surprise and other numbers out of Europe suggested things are perhaps worse than imagined. Oil is rising sharply and could well surpass the previous peak. The war in Ukraine continues unabated with Russia making further inroads in the east of the country. China is easing lockdowns, but for how long? Yet European shares rose the Futures suggest the US will open higher on Tuesday too. NAB\\u2019s David de Garis talks about markets are looking on the bright side of the downside.
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