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Day: March 9, 2022

Stocks Staging Strong Rebound, Euro Follows, as Sentiment Improves

Risk sentiment seemed to have improved drastically today. There are talks that both Russia and Ukraine are softening their tone, which might give an exit for Russia abandoning the invasion eventually. Germany DAX is leading major European indexes higher with more than 5% rebound. US futures also point to higher open. Both gold and oil …

Stocks Staging Strong Rebound, Euro Follows, as Sentiment ImprovesRead More

How Could the Dollar React to Another Inflation Spike?

US CPI inflation readings for February will be out on Thursday at 12:30 GMT, likely generating more anxiety for Fed policymakers amid the Ukrainian geopolitical nightmare as price pressures are expected to have intensified further. The US dollar is trading in secure territory and another upbeat inflation report could strengthen calls for a faster monetary tightening once again, making the …

How Could the Dollar React to Another Inflation Spike?Read More

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