Daily Close | Forex, Metals, Oil, Agriculture August 02, 2021

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Oil

Natural gas was also hot.

United States

Indications of a weaker-than-expected recovery may continue to drag on US yields as it encourages the Fed to retain the current course for monetary policy. SPY Weekly (NASDAQ:QQQ), which tracks the NASDAQ 100 index— up 6.3%YTD (covered here). Readers might also be interested to know that (NASDAQ:MSFT) became only the second US business after (NASDAQ:AAPL) to go over a market capitalization (cap) of $2 trillion. It has been a tough year for Wall Street’s youngest workers.
Meanwhile, inflation has gone over 5% in the US for the first time since 2008. He has been quoted in a variety of financial news publications, such as CNBC, the Wall Street Journal, and the New York Post. The Capital Spectator has been quoted by a range of news organizations, including The Wall Street Journal, Reuters and others. Yet calmer words from Fed Chair Jerome Powell pushed the 10-year Treasury yield to under 1. You will be charged $ + tax (if applicable) for The Wall Street Journal.

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