Market News

The United Kingdom economy has been recovering, though the spread of the delta variant, together with higher-than-expected inflation levels, have put the recovery process at risk.

Crude Oil and Yen Stabilize; Bitcoin Hits 5-Month High; Global Stocks Mostly Lower

WTI Futures Trade Above $82; USD/JPY Powers to 113.48; Bitcoin Hits 5-Month High; Stocks Lower

US Treasury Secretary Janet Yellen said that there may be a catastrophe if the Senate is unable to reach an agreement regarding the debt ceiling.

WTI Futures Trade Above $81; USD/JPY Advances to 2.5-Year High; Crypto Strong; Asian Stocks Advance

German producers have been claiming that production is being constrained by supply chain disruptions.

ADP Predicts 568k New Jobs; Stocks Bounce Back; US Dollar Strong

The bank also announced that it is considering removing more monetary policy stimulus measures, depending on the employment and inflation outlook.

WTI Crude Oil Breaks $79; US Dollar Strong; Stocks Lower

The Securities and Exchange Commission (SEC) recently granted extensions on the applications of four Bitcoin ETFs, changing their deadlines from November to December.

OPEC Maintains Output; US Dollar Strong; Stock Markets Lower

According to data released by the Swiss Federal Statistical Office, the Consumer Price Index stood at 0% in September (month-on-month), below expectations of 0.2% and August’s 0.2%.

WTI Steadies Ahead of OPEC Meet; US Dollar Strong; Asian Stocks Lower

Despite this, it seems that the economy has been losing momentum during the third quarter, which could encourage the Bank of England to reconsider its ultra-loose monetary policy stance.

USD Index at 10-Month High; US 10-Year Yield Hits 3-Month High; Silver at 1-Year Low