Bitcoin Rebounds But Damage Already Done?
Once upon a time, traders used to watch Donald Trump’s twitter handle like hawks. Now it is Elon Musk’s turn – especially for crypto traders. After Musk replied to a tweet implying that Tesla had sold or is selling its...
The Dollar Struggles, But A Clear Resumption Of The Downtrend Doesn’t Materialize
Markets Higher-than-expected US inflation readings reinforced the debate whether or not current price rises will be as temporary as most central bankers flagged of late. Financial inflation indicators including the 10-y US breakeven inflation (2.54%) jumped to multi-year peak levels...
Weekly Economic & Financial Commentary: Reopening Comes with a Steep Price Tag
Summary United States: Reopening Comes with a Steep Price Tag The leap in consumer prices this week laid bare that challenges in meeting soaring demand come with a cost. There were few signs of the mismatch between supply and demand...
The Weekly Bottom Line: U.S. Small Businesses Struggle to Hire Workers, Despite High Unemployment
U.S. Highlights Consumer and producer price inflation surprised on the upside on the back of rebounding energy prices, supply disruptions and strong fiscal-stimulus fueled demand. Despite inflation overshooting 2%, several Fed officials reassured markets that there won’t be any tapering...
Week Ahead: Inflation or Stagflation? The UK Reopens and the US Takes it All Off
US inflation data has been coming in higher than expected. Will it be the same in other parts of the world? Last week, inflation data came in hot for April in the US. However, since the beginning of the month,...
Week Ahead – Will the Bond Market Remain in a Holding Pattern?
Financial markets seem to be constantly recalibrating. The economic data is expected to be volatile and that should support the Fed’s patient stance on waiting for enough data to make a clear assessment over pricing pressures and the strength of...
Forward Guidance: Firming Inflation Pressures to Intensify with Reopening Activity
We expect next week’s Canadian inflation report will show headline price growth jumped to 3.3% in April, in part reflecting lower bases last year when the economy closed down. Energy prices in particular came under signficant downward pressure last spring...
Week Ahead – Inflation Scare Shakes Markets, European PMIs Next
It was a wild week in financial markets. Stocks got smoked while the dollar clawed back some ground as inflation finally showed its teeth, reigniting worries about higher interest rates being on the horizon. The upcoming week seems calmer. There...
US Stocks Rebound As Investors Rush To Buy The Dips
US stocks bounced back after falling sharply earlier this week. The Dow Jones, S&P 500. And Nasdaq 100 index gained by more than 1% as investors rushed to buy the dips. They have also rallied during the futures market. Data...
Dollar in Trouble? Markets Believe the Fed on Tapering But Not on Inflation
The US dollar has crashed below its uptrend line as its bullish narrative has once again been called into question. The shockingly big miss of the April NFP estimate has proven the Fed right and the markets wrong on the...
Signal2forex.com - Best Forex robots and signals




