• DAILY UPDATES
  • MARKETS
    • Forex
    • CFDs
    • Spot Metals
    • Indices
  • ANALYSIS
    • Fundamental Analysis
    • Technical Analysis
  • ARTICLES
No Result
View All Result
FTD Limited
  • DAILY UPDATES
  • MARKETS
    • Forex
    • CFDs
    • Spot Metals
    • Indices
  • ANALYSIS
    • Fundamental Analysis
    • Technical Analysis
  • ARTICLES
No Result
View All Result
FTD Limited
No Result
View All Result

Echoes of US Inflation in Global Markets

FTD Limited by FTD Limited
November 11, 2021
Reading Time: 2 mins read
A A
U.S. consumer prices increased solidly
0
SHARES
29
VIEWS
tweetpostshare

The hardest inflation data recorded in the USA since 1990 continues to affect the global markets.

After the highest inflation data in 31 years in the USA, the expectations that the Fed could accelerate the reduction in asset purchases and bring forward interest rate hikes were the main factor affecting pricing in global markets.

On Wednesday, when the data was announced, the S&P 500 index fell by 0.82 percent, the hardest in a month. While 8 of the 11 leading industrial groups traded in the S&P 500 fell, the energy and information technologies sectors led this movement. The Nasdaq 100 index also ended the day with losses of 1.44%.

The rise in bond yields was also influential in both the decline in the Stock Exchanges and the higher yield in the US Treasury’s 30-year bond auction. Markets began to realize the fact that inflation in the USA could be more permanent.

While the US 10-year bond yield increased by 11 basis points to 1.55% yesterday, the bond market in the country is closed today due to Veterans’ Day.

Surprise in Oil Stocks

U.S. crude inventories rose by an unexpected 1 million barrels last week, according to data released by the Energy Information Administration (EIA) on Wednesday evening. On Tuesday, the American Petroleum Institute (API) announced a decrease of 2.5 million barrels for the same period. On the other hand, in the oil markets, it is also discussed how the Biden administration will intervene the rising prices. While prices rose to the highest level in 7 months last month, they also increased gasoline prices, escalating inflation concerns in the country.

Learn more about us

Tags: Bideninfrastructure packageOilUS inflation
TweetShareShareSend
Previous Post

Nasdaq is Losing Momentum as Closing in the Upper Line of the Channel

Next Post

Biden’s Promise to Fight Inflation

Related Posts

COT Weekly Non-Commercial Net Positions
CFDS

COT Weekly Non-Commercial Net Positions

Silver Slowed Down After the Massive Run
CFDS

Silver Slowed Down After the Massive Run

S&P 500 Bulls to Make Another Attempt to Break the Trend
DAILY UPDATES

S&P 500 Bulls to Make Another Attempt to Break the Trend

Mixed Course in Asian Stock Markets
DAILY UPDATES

Mixed Course in Asian Stock Markets

Oil prices
DAILY UPDATES

Break to China Rally in Oil

IMF
DAILY UPDATES

Year-End Forecast from IMF

Next Post
Non-farm payrolls in the US did not meet expectations

Biden's Promise to Fight Inflation

You might also like

Monthly FX Market Outlook

Monthly FX Market Outlook

What is RSI

What is RSI and How to Use It Effectively? 

Psychology of trading plays a vital role in one's trading decisions

Trading Psychology

Differences between MT4 and Mt5

MT4 and MT5’s Differences – How to See the Total Lot Sizes in MT5?

Regulated and Licensed Forex Brokerage Company

Regulated Entities

FTD Limited's White Label Program gives you a chance to have your own brand within financial markets.

White Label Solutions

Recent Posts

  • COT Weekly Non-Commercial Net Positions
  • Silver Slowed Down After the Massive Run
  • S&P 500 Bulls to Make Another Attempt to Break the Trend
  • Mixed Course in Asian Stock Markets
  • Break to China Rally in Oil
FTD Limited

The content of the site is presented for informational purposes only not to give any investment advice which mainly focuses on financial instruments such as Forex, Spot Metals, CFDs, and Indices.

MENU

  • DAILY UPDATES
  • MARKETS
  • ANALYSIS
  • ARTICLES

Latest Articles

  • COT Weekly Non-Commercial Net Positions
  • Silver Slowed Down After the Massive Run
  • S&P 500 Bulls to Make Another Attempt to Break the Trend

Subscribe to our newsletter and get notified about the next update.

    © 2021 FTD Limited

    FTD Articles is a website prepared by FTD Limited's research team. FTD Limited is an online brokerage company offering products of Forex, Spot Metals and CFDs.

    The ideas and the information shown here have no responsibility of any of the trading decisions made by the investors or the visitors of this site. Therefore, under no circumstances will FTD Limited nor FTD Articles be held responsible or liable in any way for any claims, damages, losses, costs or liabilities resulting or arising directly or indirectly from the use of website content. We recommend that you seek advice if you have not involved with trading before in order to prevent potential risks that may arise.

    No Result
    View All Result
    • DAILY UPDATES
    • MARKETS
      • Forex
      • CFDs
      • Spot Metals
      • Indices
    • ANALYSIS
      • Fundamental Analysis
      • Technical Analysis
    • ARTICLES

    © 2021 FTD Limited

    FTD Articles is a website prepared by FTD Limited's research team. FTD Limited is an online brokerage company offering products of Forex, Spot Metals and CFDs.

    The ideas and the information shown here have no responsibility of any of the trading decisions made by the investors or the visitors of this site. Therefore, under no circumstances will FTD Limited nor FTD Articles be held responsible or liable in any way for any claims, damages, losses, costs or liabilities resulting or arising directly or indirectly from the use of website content. We recommend that you seek advice if you have not involved with trading before in order to prevent potential risks that may arise.

    Welcome Back!

    Login to your account below

    Forgotten Password?

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In
    This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.