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Tag: Inflation

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
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

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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
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
Oil Price a Barrel
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Oil Prices Could Reach $80 a barrel in The Second Half of The Year

Last Friday, NFP data rose more than expected. The forecast of 700K fell short of the published figure of 850K. After better than expected data, the S&P 500 rose 0.8% on Friday for the seventh consecutive day. The Nasdaq, US Treasuries, and oil also did well. The dollar declined. The
blog gold on its way 30 6 21
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Gold on Its Way to Over 4-year Lows

Yesterday’s trading session was positive for the S&P500 and the Nasdaq. The S&P 500 was up 0.1% while during this morning’s Asian session, the Nasdaq was up 0.3%. The dollar firmed while 10-year US Treasuries and oil rose. Gold fell. Oil returned to around $73 a barrel after hovering around $75