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Tag: FED

blog interest rates & forex 20 9 21
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Interest Rates & Forex, Oil & Metals & Crypto Market News

Investors seem to have been encouraged by last week’s rise in US retail sales despite the spread of the coronavirus Delta variant and China’s housing crisis. US Treasuries and the US dollar rose. This week, traders will likely focus on the Fed Chairman’s speech on Friday for clues as to
blog market at a glance delta 6.9.21
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Markets at a Glance: Delta variant, NFP, Oil & Crypto Updates

A new and exciting trading week begins this Monday with the release of the latest NFP data last Friday. US employment data added 235,000 jobs in August, a figure well below expectations leaving traders waiting for the Fed’s direction. According to Reuters, some analysts believe that the Fed may delay
Moderna to enter the S&p 500
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Oil Maintains Losses, Moderna to Enter the S&P 500

Today marks the end of a trading week with fluctuation in indices, metals, and forex, but the biggest loser of the week has been oil. The black gold has continued its losing streak for the third consecutive day, reaching March 2021 levels. According to Reuters, the main reason for this
blog fed stimulus remains 15 7 21
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Fed Stimulus Remains & OPEC+ Closer to Oil Deal

Yesterday, the Federal Reserve (Fed) Chairman Jerome Powell communicated the same rhetoric the Fed has been using in recent months: ‘inflation remains transitory’ while fiscal stimulus continues. Even so, on the first day of the Fed’s meeting, Powell stressed that if the inflationary data continue, and exceed 2%, “we would
Higher than expected inflation
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Higher than Expected Inflation: Gold Steady, Oil Falls

Yesterday, the US Labor Department released Consumer Price Index (CPI) data that reflected a 0.9% increase in inflation compared to the previous month. The data exceeded expectations again and returned to August 2008 figures. Also, a lot of analysts find similarities with the inflationary period of the 1970s. The inflation

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G20 Meeting: Fiscal Stimulus Package, Climate Change and Global Tax

Today, a new trading week kicks off after a busy weekend of G20 meetings and a speech by European Central Bank (ECB) President Christine Lagarde. The ECB policymaker said that the organization will continue to offer stimulus to the European economy while financial institutions in other countries have already started
blog fed keeps silent 8 7 21
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Fed Keeps Silent on Inflation, ECB Changes Inflation Rates

Yesterday, the minutes of the June meeting of the Federal Reserve (Fed) was made public. The FOMC reveal divided views among Fed members leaving some of them concerned about the latest inflation data. Meanwhile, others believe that it may still be a temporary period as the economy recovers from the
blog 10 year treasury bonds 7 721
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10-year Treasury Bonds Fall Ahead of Fed Minutes

Last week the NFP added 850K new jobs to the market. The better than expected figure signaled a gradual recovery in the economy. However, yesterday, 10-year US Treasury yields fell below 1.35%, the lowest since February 24. Yesterday’s ISM services data for June was released. The figures reflected than expected