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blog inflation soars back 11 6 21
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Inflation Soars Back to 13-Year High

Yesterday, the US Department of Labor released data on the Consumer Price Index (CPI). The figure reached 5%, showing a monthly rise of 0.6% over May and a 1,2% increase from the same period in 2008. Cars, flights, clothing, and home goods prices have risen the most. Only the sale
blog new data releases 10 6 21
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New Data Releases in Europe and the USA

On Wednesday, the markets were bearish. The Dow Jones closed the US session 0.44% lower, the Nasdaq was down 0.09% and the S&P 500 fell 0.18%. In Europe, the CAC 40 was up 0.19% and the Dax 30 closed with a decline of 0.38%. In addition, US retail sales figures
blog lower than expected 7 6 21
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Lower than Expected NFP Data Sparks Inflation Comments

On Friday, the 4th of June, the NFP data showed that 559,000 were jobs added, against a forecast of 650,000 jobs. Although the figure was slightly lower than expected, investors remained optimistic during Friday’s session. Amid fears for inflation in the U.S., and with the employment figure below expectations, Treasury
blog china releases data 31 5 21
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China Releases Data While Bitcoin Dips Below 35K

A new trading week is beginning today with the US and UK markets closed for Memorial Day and the spring bank holiday respectively. Bitcoin is trading below $35,000 and Asian markets are off to a strong start for the trading session on the back of Chinese economic data releases. Early
blog gold rises to 27 5 21
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Gold rises to 5-month high amid inflation fears

Gold rose to $1,912.74 per ounce yesterday, breaking through the psychological barriers of $1,900. The gold price rally, the highest in five months, is most likely the result of a weak dollar, inflation, and a drop in U.S. Treasury yields. U.S. stock indices, the S&P 500 and the Nasdaq declined