Inflation back in the spotlight
The sharp rise in US long-term interest rates naturally brings the issue of inflation and monetary policy tightening, starting with the Fed, to the forefront.…
US tech stocks reached new record-high levels, but the trend is rather downward on equity markets, bond yields have edged lowed and the USD has strengthened a bit, which overall reflects a more cautious sentiment, mainly linked to travel restrictions imposed by the Delta variant. The EUR/USD exchange rate is trading near 1.1920.
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