The market is waiting for the Fed now

Equity markets remain on an upward trend and bonds are trading near their recent highs (yields near their lows). A key consumer survey showed lower inflation fears in the US, but the series is volatile and inflation should remain the key issue for a while. There is a Fed meeting this week, the big question being to know whether a discussion about reducing bond purchasing will effectively start of being postponed again. The USD has strengthened against the euro, the EUR/USD exchange rate testing 1.21. Indeed, the ECB already answered the question: it is too soon to remove extra purchases of bonds decided in March.

euro area industrial activity
Share this news :

You might also read :

ES-oil
June 9, 2021

Repricing summer barrels

ICE Brent prices hiked to 72.6 $/b, as US diplomats cast doubt on a rapid return to the market of Iranian barrels. The sour crude…
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? 

[booked-calendar]