Crude Oil Prices at Risk if US PPI Data Echoes the Consumer Inflation Beat

Crude oil prices are at risk after a surprisingly strong US CPI report. A similar outcome from PPI data ahead may further pressure WTI lower as the Colonial Pipeline restarts.

from DailyFX – Market News https://bit.ly/33Gg3dM
via IFTTT

from WordPress https://bit.ly/3hoGbls
via IFTTT

from Blogger https://bit.ly/2RMNV62
via IFTTT

Why a Rise in Retail Trading May Signal Another Mania

The Fed and government’s support has altered how Americans think of saving versus investing. This is acting to kindle ‘animal spirits,’ in every sense of the Keynesian fashion.

from DailyFX – Market News https://bit.ly/3amBxku
via IFTTT

from WordPress https://bit.ly/3hqzaAq
via IFTTT

from Blogger https://bit.ly/3uIHW0p
via IFTTT

from WordPress https://bit.ly/33B1msm
via IFTTT

from Blogger https://bit.ly/3hlI02i
via IFTTT

Gold Price Forecast: XAU Eyes US Retail Sales After CPI Boosts Fed Rate Bets

Gold prices may look towards US retail sales and consumer confidence data for direction after a surprising inflation report drove sharp volatility.

from DailyFX – Market News https://bit.ly/3hncvoA
via IFTTT

from WordPress https://bit.ly/2SNEFPu
via IFTTT

from Blogger https://bit.ly/2ReoWsg
via IFTTT

from WordPress https://bit.ly/2RM0Ncs
via IFTTT

from Blogger https://bit.ly/3eI8cTh
via IFTTT

Dow Jones, Nasdaq 100, Nikkei 225, ASX 200 Outlook Vulnerable After 2008 High US CPI

The Dow Jones, Nasdaq 100 and S&P 500 sank after US consumer prices rose the most since 2008, bringing forward Fed policy tapering bets. The Nikkei 225 and ASX 200 appear vulnerable.

from DailyFX – Market News https://bit.ly/3eFHudO
via IFTTT

from WordPress https://bit.ly/2RhvC95
via IFTTT

from Blogger https://bit.ly/3eEYrFl
via IFTTT

from WordPress https://bit.ly/3bjozDy
via IFTTT

from Blogger https://bit.ly/3ocaYmC
via IFTTT

from WordPress https://bit.ly/3tGTdx1
via IFTTT

from Blogger https://bit.ly/3oogP8R
via IFTTT