{"id":1166,"date":"2021-05-24T10:15:06","date_gmt":"2021-05-24T13:15:06","guid":{"rendered":"https:\/\/wintrademarkets.com\/news\/?p=1166"},"modified":"2021-05-24T10:21:32","modified_gmt":"2021-05-24T13:21:32","slug":"this-friday-the-dxy-index-rebounded-and-was-trading-around-90after-starting-the-falling-session-the-treasury-yields-also-recovered-afterthat-markit-pmi-data-showed-record-growth-in-both-the-services-2","status":"publish","type":"post","link":"https:\/\/wintrademarkets.com\/new\/2021\/05\/24\/this-friday-the-dxy-index-rebounded-and-was-trading-around-90after-starting-the-falling-session-the-treasury-yields-also-recovered-afterthat-markit-pmi-data-showed-record-growth-in-both-the-services-2\/","title":{"rendered":"Commodity warning, a forced landing in Belarus and another weekendvolatile in cryptos"},"content":{"rendered":"\n<p><em>Wyllian Capucci<br>05\/24\/2021<\/em><\/p>\n\n\n\n<p><strong>Speculators<\/strong><\/p>\n\n\n\n<p>China stepped up its fight against rising commodity prices with a commission from thegovernment saying that there would be &#8220;zero tolerance&#8221; for &#8220;excessive speculation&#8221; andhoarding, which he said contributed to the recent recovery.\u00a0Ore futuresiron prices fell by the daily limit after the statement was released and remained close$ 182 a ton this morning.\u00a0The warning comes amid growing signs that theChinese commodity demand may be reaching its peak, as the country&#8217;s central bankgradually restricts the flow of money to the economy and funding for development projectsinfrastructure decreases<\/p>\n\n\n\n<p><strong>Fly around<\/strong><\/p>\n\n\n\n<p>Flights are being redirected to avoid Belarus airspace today, afterThe country&#8217;s authorities diverted a passenger jet to Minsk and arrested a journalist atboard.\u00a0The extraordinary step taken by the country, which is equivalent to hijacking a commercial flight,was strongly condemned by Western governments.\u00a0Other sanctions against Belarusare due to be announced today after a meeting of European leaders<\/p>\n\n\n\n<p><strong>No weekend<\/strong><\/p>\n\n\n\n<p>The volatile Bitcoin week continued on Saturday and Sunday, with most of thecryptocurrency trades in the $ 7,000 dollar range just yesterday.\u00a0A measure ofimplied volatility in Bitcoin comparable to the US stock market VIX indicator isabove 130. Although the work of analyzing what is to come into space seems almostimpossible now, some on Wall Street are predicting further declines for currenciesdigital.\u00a0Software developers say they are about to switch blockchainEthereum from proof-of-work to proof-of-stake, amove that would cut energy demands by more than 99%<\/p>\n\n\n\n<p><strong>Markets rise<\/strong><\/p>\n\n\n\n<p>Although miners are under pressure again today, the broader market islargely indifferent to developments in China and the crypto movements morerecent news.\u00a0Overnight, the MSCI Asia Pacific index remained largely unchanged, withJapan&#8217;s Topix index closing 0.5% above.\u00a0In Europe, the Stoxx 600 Index has given up onprevious earnings to trade steady at 6:50 am with the best travel sharesperformance in the region and German markets closed due to a holiday.\u00a0The futures ofS&amp;P 500 pointed to an upward movement at the opening, the Treasury yield of 10years was 1.618%, oil was traded close to $ 65 a barrel and gold remainedunchanged.<\/p>\n\n\n\n<p><strong>Coming<\/strong><\/p>\n\n\n\n<p>The Chicago Fed&#8217;s National Activity Index is at 9:30 am.\u00a0There are three regional presidents of theFed speaking today, and Fed Governor Lael Brainard joins Ray Dalio to speak at theConsensus 2021 crypto conference. The World Health Assembly opens.\u00a0YouCanadian markets are closed<\/p>\n\n\n\n<p><em>Source:<a href=\"https:\/\/www.hotmart.com\/product\/profissao-trader-mercado-americano\/Y41275755X\" data-type=\"URL\" data-id=\"https:\/\/www.hotmart.com\/product\/profissao-trader-mercado-americano\/Y41275755X\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/www.hotmart.com\/product\/profissao-trader-mercado-americano\/Y41275755X<\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Wyllian Capucci05\/24\/2021 Speculators China stepped up its fight against rising commodity prices with a commission from thegovernment saying that there would be &#8220;zero tolerance&#8221; for &#8220;excessive speculation&#8221; andhoarding, which he said contributed to the recent recovery.\u00a0Ore futuresiron prices fell by the daily limit after the statement was released and remained close$ 182 a ton this [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":1109,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":{"0":"post-1166","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\/1166","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=1166"}],"version-history":[{"count":2,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/posts\/1166\/revisions"}],"predecessor-version":[{"id":1169,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/posts\/1166\/revisions\/1169"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/media\/1109"}],"wp:attachment":[{"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/media?parent=1166"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/categories?post=1166"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/tags?post=1166"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}