2022年5月，法国大陆登记的失业人数比上月减少了2.17万人，降至293.3万人，为2012年5月以来的最低水平。25至49岁人口的失业人数减少了1.1万人，降至172.6万人，50岁及以上人口的失业人数减少了6900人，降至84.4万人。此外，年轻人口的失业率下降了3800人，降至36.3万人。与去年同期相比，登记失业人数减少了53.78万。

The number of people registered as out of work in mainland France fell by 21.7 thousand from the previous month to 2.933 million in May of 2022, the lowest since May of 2012. Unemployment in the population aged 25 to 49 fell by 11 thousand to 1.726 million, and that of the population aged 50 or older declined by 6.9 thousand to 0.844 million people. Also, the unemployment in the younger population dropped by 3.8 thousand to 0.363 million. Compared to the same month in the previous year, the number of people registered as jobless fell by 537.8 thousand.

德国10年期国债收益率升至1.5%以上，从6月24日欧元区之前触及的两周低点1.35%反弹，投资者转向欧洲央行的年度论坛，以了解欧洲央行计划如何同时应对不断飙升的通胀和增长担忧。此前，欧洲央行行长拉加德证实了今年夏天两次加息的计划，此前欧洲央行宣布将实施措施，避免债务水平不同的欧元区成员国之间出现分裂。最新数据显示，欧元区居民消费价格年涨幅创下8.1%的历史新高，而国内数据也创下7.9%的历史新高。

The yield on the German 10-year Bund rose above the 1.5% mark, rebounding from the two-week low of 1.35% touched on June 24 ahead of Eurozone as investors turn to the ECB’s annual forum for cues on how the central bank plans to simultaneously tackle soaring inflation and growth concerns. Previously, ECB President Lagarde confirmed plans to raise interest rates twice this summer after the central bank announced it will implement measures to avoid fragmentation between Eurozone members with different debt levels. The latest reading pointed to a record-high 8.1% annual increase in euro area consumer prices, while domestic figures also stand at a record-high at 7.9%.

香港的贸易逆差从一年前的255亿港元扩大到2022年5月的367亿港元。进口额为4248亿港元，同比增长1.3%，其中电动机械、仪器和用具及其电气部件（7.2%）；专业、科学和控制仪器仪表（47.8%）；杂项制成品，主要是珠宝、金匠和银匠用品（12.3%）；和办公机器和自动数据处理机器（6.7%）。进口增长主要来自越南（增长33%）、马来西亚（增长29.7%）和台湾（增长17.5%）。与此同时，受全球经济前景恶化的影响，出口下降1.4%至3881亿港元。电信、录音和重放设备和设备的销售额大幅下降（下降23.7%）、杂项制成品（下降13.4%）和有色金属（下降16.9%）。对亚洲的出口总额下降了2.7%，而对其他主要国家的出口则有所增加，特别是美国（增长17.4%）和德国（增长2.5%）。

Hong Kong’s trade deficit widened to HKD 36.7 billion in May of 2022 from HKD 25,5 billion a year ago. Imports increased 1.3% on year to HKD 424.8 billion, lifted by electrical machinery, apparatus and appliances, and electrical parts thereof (7.2%); professional, scientific and controlling instruments and apparatus (47.8%); miscellaneous manufactured articles, mainly jewellery, goldsmiths' and silversmiths' wares (12.3%); and office machines and automatic data processing machines (6.7%). Imports rose mainly from Vietnam (+33%), Malaysia (+29.7%) and Taiwan (+17.5%). Meanwhile, exports fell 1.4% to HKD 388.1 billion, weighed down by worsening global economic prospects. Sales fell sharply for telecommunications, sound recording and reproducing apparatus and equipment ( -23.7%), miscellaneous manufactured articles (-13.4%) and non-ferrous metals (-16.9%). Total exports to Asia dropped by 2.7%, while increased to other major countries, in particular the USA (+17.4%) and Germany (+2.5%).

周一，FTSE MIB指数盘旋在22000点的水平线以下，能源和公用事业股的跌幅超过科技股和非必需消费品股的利好，同时投资者继续评估衰退担忧和俄罗斯的能源供应水平。能源需求下降的前景给意大利石油服务公司和能源供应商带来了压力，埃尼集团和埃内尔集团追踪到油价下跌逆转，跌幅超过1%。另一方面，随着病例持续下降，中国继续放宽新冠肺炎限制，奢侈品和零售股上涨，Moncler上涨超过2%。与此同时，意大利联合圣保罗银行（Intesa Sanpaolo）股价上涨2.5%，此前欧洲央行批准其回购34亿欧元的股份。

The FTSE MIB index hovered below the flatline at the 22,000 level on Monday, as losses in energy and utilities more than offset positive tech and consumer discretionary stocks while investors continued to assess recession concerns and energy supply levels from Russia. Outlooks of lower energy demand pressured Italian oil service companies and energy providers, with Eni and Enel tracking the downward reversal in oil prices to drop over 1%. On the other hand, consumer luxury goods and retail shares advanced after China continued to ease Covid restrictions as cases continued to drop, with Moncler adding more than 2%. In the meantime, Intesa Sanpaolo jumped 2.5% after being cleared by the ECB to buy back EUR 3.4 billion of its own shares.