Creeping Inflation

Optimism is here to stay

Stock markets once again made small gains on Thursday as investors continue to reap the rewards of staying positive despite Monday’s worrying sell-off. The European indices are all making decent gains, with the FTSE rising above 7,000 despite underperforming the rest of the region. It looks like investors are yet …

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The virus is skyrocketing and yields are dropping; is inflation already yesterday’s news?

The last time there was so much panic in the markets over higher inflation was probably in the 1970s, when oil shocks were a common occurrence. While inflation isn’t as likely to hit double digits this time around, major central banks have for the first time in decades been faced …

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The equity market opened negative and turned deep red during the first half of the session. He had some recovery from lower levels in the second half of the session, but failed to hold on and ended the day in the red for the 3rd day in a row. NIFTY …

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Indian Markets Slow Track Global Sales

Mumbai: Indian stock markets fell on Tuesday, following global stocks that fell on renewed concerns about the rapid spread of the delta variant. The twins HDFC and ICICI Bank were the main contributors to Sensex’s decline. The benchmark Sensex was currently at 52,210.53, down 0.7%, while Nifty was down 0.7% …

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Equity markets opened the gap due to moderate global indices. Although he tried to recover, he fell again in the second half of the day. Both NIFTY / Sensex lost 171/587 points (-1.1% each) to close at 15,752/52,553. The broad market was mixed with Nifty Midcap 100 down 0.8% while …

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Extra money for retired teachers in ’13th check’ at center of Republican-Democrat shouting game | Texas

Republican officials sounded the alarm last week that retired teachers in Texas are unlikely to receive an additional payment of up to $ 2,400 from the state’s teachers’ retirement fund. Democrats ending the special legislative session. GOP lawmakers held at least three press conferences singling out Democrats who fled to …

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Delta set to dominate after Powell beats dollar

GBP / USD swung in response to high inflation and dismissive responses from central banks. Covid headlines, UK reopening and US infrastructure talks stand out. The daily chart for mid-July paints a mixed picture. The FX poll indicates short-term declines before a rally thereafter. Is inflation transient or not? There …

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Biggest U.S. banks crush earnings estimates as economy picks up

WASHINGTON, July 14 (Reuters) – America’s four largest consumer banks this week released successful second quarter results after pandemic loan losses did not materialize and the US economy began to recover life. Wells Fargo & Co (WFC.N), Bank of America Corp (BAC.N), Citigroup Inc (CN) and JPMorgan Chase & Co …

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Year in Review: Australia – The Bull

Most recently, in June, I celebrated the 18the anniversary of the Fidelity Australian Equities Fund. I have always managed the Evolution rather than Revolution Fund, and it has served us extremely well, especially during crises like the COVID-19 pandemic. While the impact of the coronavirus on people’s lives has been …

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