Inflation expectations keep on increasing

The stock markets are on the rise too, but many wonder if that can last long. Commodity prices are surging higher with oil prices now above $60/b (see the Daily Oil). In the US, the debate about the content of the stimulus package is intensifying inside the Democratic party, as risks of overheating are considered more seriously. The USD is weakening for the 3^rd straight day and the EUR/USD is now trading around 1.2080.