{"id":1526,"date":"2021-07-08T10:31:25","date_gmt":"2021-07-08T13:31:25","guid":{"rendered":"https:\/\/wintrademarkets.com\/news\/?p=1526"},"modified":"2021-07-08T10:31:54","modified_gmt":"2021-07-08T13:31:54","slug":"fed-and-ecb-move-claim-due-data-and-treasury-yieldsfall-down","status":"publish","type":"post","link":"https:\/\/wintrademarkets.com\/new\/2021\/07\/08\/fed-and-ecb-move-claim-due-data-and-treasury-yieldsfall-down\/","title":{"rendered":"Fed and ECB move, claim due data and Treasury yieldsfall down"},"content":{"rendered":"\n

Wyllian Capucci
07\/08\/2021<\/em><\/p>\n\n\n\n

<\/p>\n\n\n\n

Minutes, movements<\/strong><\/p>\n\n\n\n

Federal Reserve officials were not ready to communicate the momentright for reducing asset purchases, as prospects remain uncertain,showed the minutes of the June meeting.\u00a0However, there was a feeling that they neededmake a plan in case they needed to move first.\u00a0Across the Atlantic, it’s abig day at the European Central Bank, where the results of the bigstrategic review of the institution started in January of last year.\u00a0it is expected that therelease at 8 am GMT, include a higher inflation target and allowspace to exceed that goal, if necessary.\u00a0ECB President Christine Lagardegives a press conference starting at 9:30 am<\/p>\n\n\n\n

Claims<\/strong><\/p>\n\n\n\n

Also at 9:30 this morning, we received the latest check on the job market,with a drop to 350,000 expected initial jobless claims.\u00a0the minutesyesterday’s Fed clearly showed that officials are very focused on thelabor market, with questions about how it would solve the shortage of workers.which contributes to inflation.\u00a0JOLTS data for May showed that the openingshit a record for the month.\u00a0The OECD has released a study showing that economieswill not return to pre-pandemic employment levels by the end of thenext year<\/p>\n\n\n\n

Without risk<\/strong><\/p>\n\n\n\n

Investors seem to be having a hard time rethinking the outlook for theglobal economy.\u00a0Relieving US inflation expectations is helping to pushTreasury yields down, with the 10-year index falling below 1.27%this morning.\u00a0Falling inflation expectations amid rising delta variantcoronavirus is the main factor for reducing the risk.\u00a0The 20-day correlation between theS&P 500 futures and Treasury bonds turned negative for the first time sinceFebruary, as bonds return to their traditional protective role forfalling stock portfolios<\/p>\n\n\n\n

Markets crash<\/strong><\/p>\n\n\n\n

The rise in sovereign bonds is a global phenomenon, as is the sale of shares.Overnight, the MSCI Asia Pacific index fell 1.2%, while Japan’s Topix indexclosed at 0.8%.\u00a0In Europe, the Stoxx 600 index fell 1.2% at 6:50 am, with all sectors of theindustry in the red as cyclical stocks led losses.\u00a0The S&P 500 Futurespointed to a drop of more than 1% at the opening, oil fluctuated around the US$71 a barrel and gold rose.<\/p>\n\n\n\n

Coming<\/strong><\/p>\n\n\n\n

Mexico, Brazil and Chile report June CPI readings this morning.\u00a0The data moreRecent 12:00 noon US crude oil inventories should show a declinesignificant in stocks.\u00a0President Joe Biden to speak about the reduction inAfghanistan at 2:45 pm.\u00a0Levi Strauss & Co. and Duck Creek Technologies Inc. are among thecompanies reporting the results.<\/p>\n\n\n\n

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

Wyllian Capucci07\/08\/2021 Minutes, movements Federal Reserve officials were not ready to communicate the momentright for reducing asset purchases, as prospects remain uncertain,showed the minutes of the June meeting.\u00a0However, there was a feeling that they neededmake a plan in case they needed to move first.\u00a0Across the Atlantic, it’s abig day at the European Central Bank, where […]<\/p>\n","protected":false},"author":2,"featured_media":1333,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":{"0":"post-1526","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\/1526","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=1526"}],"version-history":[{"count":1,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/posts\/1526\/revisions"}],"predecessor-version":[{"id":1527,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/posts\/1526\/revisions\/1527"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/media\/1333"}],"wp:attachment":[{"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/media?parent=1526"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/categories?post=1526"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/tags?post=1526"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}