Victor Camargo
05/06/2021
Forex
EURUSD : In a very consolidated session, the euro remained close to the level of1.22 this Thursday.
DXY : Also little changed from its opening point, the dollar was beingtraded around 90, recovering slightly from recent losses, whileinvestors await PCE inflation data to be released tomorrow.
Commodities
Gold : In a drop of about 0.2%, gold was being traded just below theUSD 1900 region per ounce. US inflation data is now the main focus ofinvestors, while several Fed officials continue to reiterate that anyinflationary pressure should be temporary. Meanwhile, central banks of placeslike New Zealand and Canada are already beginning to signal changes in their policies
Indexes
Wall Street : Strong rise for the Dow Jones that went up more than 200 points,supported by signs of recovery in the US labor market; in addition, Bidenis expected to present a budget project of USD 6 trillion for the year 2022. The S&P500 was also up, while the Nasdaq was slightly in negative territory.
Europe : In Europe, indexes closed close to record highs, with the DAX 30ending the session at 15430 points, while expectations that the economy of theEurozone starts to recover at a faster pace in the coming monthsdue to the acceleration in the rate of vaccinations
News
United States GDP Growth Rate : The US economy grew by 6.4% annualized in thefirst quarter, following an expansion of 4.3% in the previous three-month period,while expectations were for growth of 6.5%
Source:https://wintrademarkets.com/
