Key US economic reports on the agenda again today

US equities reached new highs before profit taking brought down the main indices in the red, except the Dow Jones. The Fed Beige book perfectly illustrated the doubts that financial market players may be facing at the moment: the recovery is here and getting stronger but the tensions on means of production could lead to a consequent rise in inflation. Yet, the bond market remains very calm, the US 10y trading around 1.63%. The USD weakened further, with the EUR/USD exchange rate reaching 1.1990. Many key US economic reports are on the agenda today.

Share this news :
Share on twitter
Share on linkedin
Share on email

You might also read :

April 21, 2021

Indian risk factor

Crude oil prices pulled back to 66.3 $/b as the exponential growth of the pandemic in India continued to lower demand expectations for the third-biggest…
April 8, 2022

Bears keep control of crude prices

Brent first nearby prices are hovering above the $100/b mark this morning after touching an intraday low at $98.41b yesterday. They remain pressured by the…
Join EnergyScan

Get more analysis and data with our Premium subscription

Ask for a free trial here

Subscribe to our newsletter

Don’t have an account yet?  Sign up here!