27/05/2026 – ECB: Rate hike ready at next June meeting to address inflation growth forced by Middle East crisis – Read more news

GAS & POWER: On Thursday, May 21, the U.S. federal science agency NOAA released its forecast for the upcoming hurricane season, scheduled to begin on June 1°. The development of the El Niño meteorological phenomenon during the summer should lead to a season with slightly lower than average numbers of formations: between 3 and 6 low-category hurricanes and between 1 and 3 major hurricanes – of a category greater than 3 are expected. The past season saw the formation of 5 hurricanes and 4 force majeure hurricanes, all of which developed off the American coast and had minimal impacts on liquefaction capacity in the gulf.

EQUITY: Wall Street closed the day with further gains, supported by the semiconductor sector and its close ties to the tech/AI sector, while European stock markets closed with moderate declines in the wake of new uncertainties emerging in the Middle East. According to board member Isabel Schnabel, the ECB is expected to raise the cost of borrowing again at its next meeting in early June, while subsequent strategies will remain dependent on the situation.