PRESS ROOM
Volatility spikes continue with inflation fuelling risk-off sentiment
Friday 17th June '22
The US consumer price index (CPI) inflation rate for May came out at 8.6%, up from 8.3% the year before. This did not help risk sentiment in equity markets which are now expecting the US Federal Reserve to make a bold move to bring inflation under control. The CBOE Volatility Index (VIX) spiked again to around 34 on 13 June 2022 continuing the pattern of frequent spikes we have seen all year.