Crude Oil Prices Fall Amid Viral Concerns, US Retail Sales Data in Focus

WTI crude oil prices extended lower on Tuesday as investors mulled the spread of Delta variant around the globe and its impact on energy demand. US retail sales figures will be in focus today.

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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.

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British Pound (GBP) Price Outlook: GBP/USD Eases Despite Strong UK Jobs Data

Latest labor market figures show UK employment up by more than expected, higher average earnings and a lower UK unemployment rate yet GBP/USD fell, suggesting underlying weakness.

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New Zealand Dollar Down on Covid Case as RBNZ Looms, SEC Warns on China

The New Zealand Dollar fell on reports of a new local Covid case just as the RBNZ rate decision enters the spotlight. NZD, AUD and APAC equities were weighed down ahead of US data and FOMC meeting …

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