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Tag: Gold

blog omicron inflation mixed 6 12 21

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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 cryptos and most Japan stocks are down while gold and
fed inflation is temporary

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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 Asia. It remained lower than its longer-than-a-year high. Investors are
blog us dollar & pound 8 11 21
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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 the rise. Forex: The U.S. dollar (USD) fell on Monday
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
blog gold rises ahead 13.7.21
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Gold Rises Ahead of Inflation Data

During Tuesday morning’s Asian session some U.S. indices were trading higher while awaiting the U.S. Consumer Price Index (CPI) data scheduled for release today. The data will give more clues on inflation and consequently on the direction the Federal Reserve will take in its monetary policy. Yesterday, the S&P 500
crypto moves out of china
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Crypto Moves Out of China

Brent prices were heading towards $80 a barrel yesterday after OPEC+ countries broke off negotiations with the United Arab Emirates. The disagreements between Saudi Arabia and EAM threaten oil price stability and economic recovery. The personal battle between the two countries has destabilized the OPEC+ meeting talks, because of which