{"id":1085,"date":"2021-05-10T18:05:09","date_gmt":"2021-05-10T21:05:09","guid":{"rendered":"https:\/\/wintrademarkets.com\/news\/?p=1085"},"modified":"2021-05-10T18:05:11","modified_gmt":"2021-05-10T21:05:11","slug":"the-second-week-of-the-month-of-may-begins-under-the-influence-of-the-april-payroll-disclosure-last-friday-leadinginvestors-to-undo-their-growing-long-positions-in-the-usd","status":"publish","type":"post","link":"https:\/\/wintrademarkets.com\/new\/2021\/05\/10\/the-second-week-of-the-month-of-may-begins-under-the-influence-of-the-april-payroll-disclosure-last-friday-leadinginvestors-to-undo-their-growing-long-positions-in-the-usd\/","title":{"rendered":"The second week of the month of May begins under the influence of the April Payroll disclosure, last Friday, leadinginvestors to undo their growing long positions in the USD."},"content":{"rendered":"\n

Juliana Calil
05\/10\/2021<\/em><\/p>\n\n\n\n

Highlights<\/strong><\/p>\n\n\n\n

The second week of the month of May begins under the influence of the April Payroll disclosure, last Friday, leadinginvestors to undo their growing long positions in the USD.\u00a0The USA created just over 25% of the jobs thateconomists had predicted in April \/ 2021 and the unemployment rate rose unexpectedly, casting doubt on how long theThe Fed will need to keep the country’s monetary policy loose.<\/p>\n\n\n\n

Longer-term Treasury yields rose slightly on Monday, with the market awaiting dataon US inflation in April \/ 2021, which will be released next Wednesday, among several other economic data frommajor global economies to be published this week.\u00a0The interest rate on 10-year bonds wasat 1.6038% this afternoon.<\/p>\n\n\n\n

Tomorrow’s session is expected to have positive data from the economy of Germany and the European Union, measured through theZEW economic confidence indicator, and no relevant data on the North American economy.\u00a0Another day ofEURUSD appreciation, but with low volume, as the big movements should be seen on Wednesday,by disclosing US inflation in April \/ 2021.\u00a0However, the risk of a corrective bearish decline in the short term isincreasing.<\/p>\n\n\n\n

Analysts forecast inflation in the range of 3.4% in April 2021, the highest figure since September 2013. Prices are highrental prices and expected household spending.\u00a0In the next 3 years, an average inflation rate of 3.1% is expectedyear.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

DXY is being traded with stability, at the level of 90.2 thousand points.\u00a0The USDJPY is oscillating close to $ 108.7.\u00a0OUSDCHF of $ 0.9006.\u00a0Gold is trading at $ 1,837 an ounce, and silver at $ 27.3 an ounce.<\/p>\n\n\n\n

Monday, 10\/5<\/strong><\/p>\n\n\n\n

Expectations of US consumer inflation in April \/ 2021<\/p>\n\n\n\n

US President Joe Biden’s speech on the economic situatio<\/p>\n\n\n\n

Tuesday 11\/5<\/strong><\/p>\n\n\n\n

ZEW Monthly Economic Sentiment Indicator for the Eurozone in May \/ 2021<\/p>\n\n\n\n

Weekly retail sales in the USA (redbook) from May 8, 2021<\/p>\n\n\n\n

Speeches by top EDF members (Williams, Brainard, Daly, Bostic, Harker)<\/p>\n\n\n\n

Wednesday, 12\/5<\/strong><\/p>\n\n\n\n

Several economic data from the United Kingdom, such as Trade Balance and GDP, inMarch \/ 2021<\/p>\n\n\n\n

Eurozone Industrial Production in March \/ 2021<\/p>\n\n\n\n

ECB non-monetary policy meeting<\/p>\n\n\n\n

Weekly mortgage applications in the US, May 7, 202<\/p>\n\n\n\n

US inflation<\/strong>\u00a0in April \/ 2021<\/p>\n\n\n\n

10-year US Treasury bond auction<\/p>\n\n\n\n

Speeches by top EDF members (Clarida, Bostic, Harker)<\/p>\n\n\n\n

Thursday, 5\/13<\/strong><\/p>\n\n\n\n

Labor market in the USA, from 8 \/ May \/ 2021<\/p>\n\n\n\n

PPI index of product prices in the USA in April \/ 2021<\/p>\n\n\n\n

Speeches by top EDF members (Waller, Bullard)<\/p>\n\n\n\n

Friday, 14\/5<\/strong><\/p>\n\n\n\n

Disclosure of the minutes of the ECB’s monetary policy meeting that took place on 22 \/ April \/ 2021<\/p>\n\n\n\n

US retail sales in April \/ 2021<\/p>\n\n\n\n

Industrial production in the USA in April \/ 2021<\/p>\n\n\n\n

The main facts observed by investors at the moment are:<\/p>\n\n\n\n

COVID-19<\/strong><\/p>\n\n\n\n

On average, in the last week, almost three million doses of the vaccine against COVID-19 were beingadministered per day in the Eurozone, at a similar pace to that observed in the USA<\/p>\n\n\n\n

MACROECONOMY<\/strong><\/p>\n\n\n\n

In a presentation made this afternoon, US President Joe Biden asked companies to increase theirAmerican workers’ wages, and also asked the population that \u201cwhen they are offered aAdequate employment must accept it or it will lose the benefits offered by the government to the unemployed \u201d.Biden also outlined the measures his government is taking to encourage hiring after thedisappointing job creation in April.\u00a0Among these measures, Biden said that his government will distributemore economic stimulus, already included in the $ 1.9 trillion aid plan.\u00a0Biden also reinforced theneed to approve its infrastructure and education investment plan, which should establishthe basis for more and more people to return to the labor market.<\/p>\n\n\n\n

ACTIONS<\/strong><\/p>\n\n\n\n

Stock markets in Asia-Pacific closed higher on Monday, ignoring job reportsIn the USA.<\/p>\n\n\n\n

In commodity markets, oil futures fell to the red on Monday, havingpreviously jumped to its highest level in almost three years after one of the largest oil pipelines in theUSA remained closed after a cyber security attack.<\/p>\n\n\n\n

European equities closed mixed on Monday.<\/p>\n\n\n\n

The Dow Jones Industrial Average rose to a record high on Monday, driving strong gains betweenenergy stocks, taking advantage of last week’s momentum.\u00a0Both the Dow and the S&P 500 have reached newspikes on Friday<\/p>\n\n\n\n

According to a CNBC report, the dividends will keep the shares appreciating in 2021. In April of2020, 24 companies listed on the S&P 500 have reduced or suspended their dividends.\u00a0In April 2021,the opposite happened: 33 S&P 500 companies announced increases, and none announced a reduction orsuspension of dividends.\u00a010 of the companies that suspended dividends in 2020 have resumed their payments in 2021. A year ago, companies had no idea where they were going.Now there is much greater clarity.\u00a0Analysts indicate a 5% growth in the amount paid via dividendsin 2021, compared to 2020. That means more than USD $ 30 billion more in the pocket of investors inone year to the next<\/p>\n\n\n\n

Source: https:\/\/wintrademarkets.com<\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Juliana Calil05\/10\/2021 Highlights The second week of the month of May begins under the influence of the April Payroll disclosure, last Friday, leadinginvestors to undo their growing long positions in the USD.\u00a0The USA created just over 25% of the jobs thateconomists had predicted in April \/ 2021 and the unemployment rate rose unexpectedly, casting doubt […]<\/p>\n","protected":false},"author":2,"featured_media":961,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":{"0":"post-1085","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-hft"},"_links":{"self":[{"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/posts\/1085","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/comments?post=1085"}],"version-history":[{"count":1,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/posts\/1085\/revisions"}],"predecessor-version":[{"id":1087,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/posts\/1085\/revisions\/1087"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/media\/961"}],"wp:attachment":[{"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/media?parent=1085"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/categories?post=1085"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/tags?post=1085"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}