Caroline Hepker

Tuesday's the big one next week, isn't it?

Croatia's always a pretty tough side as well.

Let's think about the markets then this morning.

The central banks in Sweden and in Norway, they have held steady as was expected in terms of their rate decisions.

The Bank of England is expected to hold steady too.

But it's interesting that you see traders are pricing in

A little bit more in terms of interest rate increases, both for the Bank of England and the ECB in the wake of the Fed.

Looking at 10-year yields across Europe.

So German benchmark yields this morning flat at 292.

You're unwinding some of the...

yield gains that we saw yesterday in the U.S.

So, 10-year yields dropping four and a half basis points.

U.S.

two-year yields down two basis points.

Oil prices are dropping.

So, is this kind of the peak of this inflationary pressure and the energy oil price shock?

Brent crude futures are down 2%, $77.91.

It really depends though on

Hormuz over the summer, doesn't it?

And European stocks currently overall down by two tenths of 1% for the stock 600.