Greetings,
United States: Will rapid wage growth put downward pressure on corporate margins? Below is a comment from Pavilion Global Markets.
Eurozone: Supply shortages are at extreme levels across most sectors.
Asia-Pacific: Here are the reasons for downgrades and upgrades of APAC corporate debt (according to Fitch).
Cryptocurrency: Coinbase sales surprised to the downside, sending shares down 13% after the close.
Energy: European natural gas prices declined as Russia resumes flows into EU-based storage facilities.
US natural gas was down sharply as well.
Food for Thought: States with the highest and lowest wage increases since 2010:
Edited by Devon Lall
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