First Look With Surveillance: Fed Rates, UK Power, Amgen

The transcript covers global market trends, focusing on central bank rate decisions, US and European market performance, and energy sector challenges. It highlights the impact of COVID-19 in China, inflation concerns, and recession fears. Key economic data from the US, including CPI and Fed projections, are discussed. The energy crisis in the UK and significant M&A activities, such as Amgen's acquisition of Horizon Therapeutics and Microsoft's stake in the London Stock Exchange, are also covered.

How did the bond market react to the expectations of central bank decisions?

What was the market's reaction to the recent PPI data as mentioned in the text?

What are the key components of inflation that the Fed is focusing on according to Valerie?

What major acquisition is mentioned in the text, and what is its significance?