Ever higher

Macro-economy
February 16, 2021

Global stocks continue to rise and so do commodity prices and bond yields, while the Bitcoin is nearing $50000. Risky assets are pushed higher by a mix of confidence in the future economic recovery and speculation in a context of over-abundant liquidity. The reopening of US financial markets will test this optimism today. The EUR/USD is almost stable near 1.2130-40.

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Ever higher

You might also read :

US inflation soars and the Fed panics

The ECB takes the bull by the horns. The Fed will likely be forced to follow

Tighter sanctions, but Russian supply continues to flow for the moment

Simplifying energy markets