US CPI and Bond Sale, Softbank Windfall, Gas Shortages – What’s Moving Markets By Investing.com – Investing.com

  • Date: 12-May-2021
  • Source: Investing.com
  • Sector:Oil & Gas
  • Country:Gulf
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US CPI and Bond Sale, Softbank Windfall, Gas Shortages – What’s Moving Markets By Investing.com – Investing.com

By Geoffrey Smith 

Investing.com -- U.S. consumer inflation data for April will test market nerves as the stock sell-off extends for another day. Taiwan's stock market crashes as retail investors are wiped out by margin calls. Softbank (OTC:) posts the biggest ever profit by a Japanese company.. and gasoline shortages are becoming more widespread as Colonial Pipeline's problems continue. Here's what's moving markets on Wednesday, May 12th.

1 CPI to test market’s nerve ahead of bond auction