June, 2021 | Forex robots store

‘Shocking’ inflation numbers will fall back to earth and hurt reopening trades, economist David Rosenberg predicts

Economist David Rosenberg believes the bond market is getting inflation right and yields shouldn’t trade at higher levels. His reasoning: Inflation is a temporary phenomenon caused by enormous pent-up demand and supply chain issues connected to the coronavirus pandemic. “The...

AdminJun 14, 2021

Finance news

Auto insurance rates rise, but insurers could still qet squeezed by higher costs ahead

An employee at a used auto dealership treads water as he checks on vehicles they are moving out of the rising waters from two days of heavy rain in Lexington, Miss., Thursday, June 10, 2021. Rogelio V. Solis | AP...

AdminJun 12, 2021

Market overviews

Swiss Franc, Dollar, and Yen Jumped on Falling Global Benchmark Yields

The intra-week rebound in global benchmark treasury yields was rather short-lived. Yields in Germany, US and Japan then turned south after ECB’s decision on PEPP purchases. That came even though CPI jumped to 13-year high. It remains to be seen...

AdminJun 12, 2021

Finance news

Tax refunds and stimulus checks delayed by identity fraud crossfire

Samuel Corum/Bloomberg via Getty Images Jeff Lavigne plans to use a tax refund this year for long-delayed medical help. Yet his refund, almost $2,700, has been in limbo since mid-March, when Lavigne filed his tax return, records show. The IRS...

AdminJun 12, 2021

Fundamental analysis of Forex market

Weekly Economic & Financial Commentary: Growth Comes with a Price

Summary United States: Growth Comes with a Price Whether it is businesses struggling to get their hands on the physical inputs needed to complete production or the labor to facilitate operations, supply continues to have difficulty meeting the robust pace...

AdminJun 12, 2021

Fundamental analysis of Forex market

The Weekly Bottom Line: Higher Inflation On The Horizon

U.S. Highlights Consumer price inflation accelerated to 5.0% year-on-year (y/y) in May, once again coming in ahead of expectations. Soaring prices for used cars and trucks (up 30% y/y) were a major factor in higher inflation in the month. Job...

AdminJun 12, 2021

Fundamental analysis of Forex market

Week Ahead: Is it Time for the Fed to Start Talking about Tapering?

After the BOC and the ECB provided markets with little new information regarding their bond buying programs at their respective interest rate decision meetings last week, the FOMC gets its turn this week. With higher inflation and weaker than expected...

AdminJun 12, 2021

Fundamental analysis of Forex market

FOMC Meeting Preview: Will the Fed Fret about Inflation?

Traders often discuss central bank “decisions” as a major event risk, but when it comes to Wednesday’s Federal Reserve meeting, there’s really no immediate decision to be made. The FOMC will almost certainly leave interest rates unchanged in the 0.00%-0.25%...

AdminJun 12, 2021

Fundamental analysis of Forex market

UK and Australian Jobs Reports Could Spur GBP/AUD

On June 4th, both the US and Canada released their May jobs figures. The US added 559,000 jobs to the economy vs an expectation of 650,000 and Canada lost 68,000 vs an estimate of -20,000. Both weaker than expected. This...

AdminJun 12, 2021

Finance news

Stocks making the biggest moves midday: Chewy, Biogen, Snowflake and more

Signage is seen ahead of the IPO for Chewy at the New York Stock Exchange, June 14, 2019. Andrew Kelly | Reuters Check out the companies making headlines in midday trading. Snowflake – Shares of the cloud computing company dropped...

AdminJun 11, 2021

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Liudmila

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Month: June 2021

‘Shocking’ inflation numbers will fall back to earth and hurt reopening trades, economist David Rosenberg predicts

Auto insurance rates rise, but insurers could still qet squeezed by higher costs ahead

Swiss Franc, Dollar, and Yen Jumped on Falling Global Benchmark Yields

Tax refunds and stimulus checks delayed by identity fraud crossfire

Weekly Economic & Financial Commentary: Growth Comes with a Price

The Weekly Bottom Line: Higher Inflation On The Horizon

Week Ahead: Is it Time for the Fed to Start Talking about Tapering?

FOMC Meeting Preview: Will the Fed Fret about Inflation?

UK and Australian Jobs Reports Could Spur GBP/AUD

Stocks making the biggest moves midday: Chewy, Biogen, Snowflake and more

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Month: June 2021

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