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Economic Data Boost Stocks as Inflation Fears Remain

Stocks in Europe were hovering around record levels on Wednesday, as they were uplifted by energy and consumer stocks. Investor sentiment was boosted by positive economic data from the U.S. and Europe. The substantial growth in the US and European

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Omicron, Inflation, Mixed U.S. Jobs Report Cast Shadow over Markets

Omicron, the latest COVID-19 variant, has hit financial markets and has compromised economic recovery around the globe as countries were exiting the Delta triggered lockdowns. The week also starts at the wake of a mixed U.S. jobs report. Bitcoin, other

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blog fed inflation is temporary 15 11 21

Fed: Inflation is Temporary; Dollar, Oil, Gold Down

The new trading week starts with a weaker U.S. dollar and investors uncertain about inflationary pressures being temporary. New lockdowns are being imposed all around Europe while oil is down. U.S. Dollar The U.S. dollar fell on Monday morning in

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blog us dollar & pound 8 11 21

U.S. Dollar & Pound Down, Oil & Gold Up

The new trading week opens with a weakened U.S. dollar and British Pound while inflation concerns are casting a shadow over global markets. Oil, the black gold, is on a rally while gold- the shiny metal – is also on

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Rising Oil, Inflation, Bitcoin & More in this Week’s Trading Mix

The new trading week starts with oil prices reaching multi-year highs, inflation surging, Bitcoin trading around $62,000, and global economies having to deal with the ramifications of the increasing prices. US Dollar The U.S. dollar has had an unsteady start

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NFP Below Expectations, Oil & Bitcoin on the Rise

The new trading week starts in the wake of a weak NFP figure, Bitcoin rising to a level it last reached in May, Asian stocks rising, US stocks falling and oil trading above $80 per barrel for the first time

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