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Daily Forex News
The economy and the labor market are expected to fully recover next year.
US CPI Rising Higher Than Expected; FOMC Minutes See Taper in Nov/Dec; Bitcoin Hits $58k
WTI Crude Oil and natural gas have substantially increased in price in the past year, which has helped fuel inflation globally as the costs for transportation, heating and industry hit consumers.
The United Kingdom economy has been recovering, though the spread of the delta variant, together with higher-than-expected inflation levels, have put the recovery process at risk.
Crude Oil and Yen Stabilize; Bitcoin Hits 5-Month High; Global Stocks Mostly Lower
WTI Futures Trade Above $82; USD/JPY Powers to 113.48; Bitcoin Hits 5-Month High; Stocks Lower
US Treasury Secretary Janet Yellen said that there may be a catastrophe if the Senate is unable to reach an agreement regarding the debt ceiling.
WTI Futures Trade Above $81; USD/JPY Advances to 2.5-Year High; Crypto Strong; Asian Stocks Advance
German producers have been claiming that production is being constrained by supply chain disruptions.
ADP Predicts 568k New Jobs; Stocks Bounce Back; US Dollar Strong
The bank also announced that it is considering removing more monetary policy stimulus measures, depending on the employment and inflation outlook.
WTI Crude Oil Breaks $79; US Dollar Strong; Stocks Lower
The Securities and Exchange Commission (SEC) recently granted extensions on the applications of four Bitcoin ETFs, changing their deadlines from November to December.
OPEC Maintains Output; US Dollar Strong; Stock Markets Lower
According to data released by the Swiss Federal Statistical Office, the Consumer Price Index stood at 0% in September (month-on-month), below expectations of 0.2% and August’s 0.2%.