^{16 May 2022} The Week Ahead: CBE expected to hike; important data week in US and Europe

Global: Risk-off sentiment gathers pace amidst rising inflation. Risk-off sentiment gathered pace last week over rising global inflation concerns and deteriorating economic numbers out of China due to the COVID lockdowns. April inflation data released last week for a number of countries, including the US, China, India and Egypt, surprised to the upside, beating consensus expectations.

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