Open: London Session | Forex, Metals, Oil, Agriculture March 19, 2021

TRADING-THE-LONDON-FOREX-OPEN

Currencies

One option will be to freeze funds from the EU s 1.8 trillion-euro stimulus program before they ve been disbursed, Jourova told us in an interview.

Oil

Gasoline prices and increases in fuel efficiency are important factors, but there are also some significant demographic and cultural dynamics in this data series. As we would expect, the rapid rise in gasoline prices in 2008 was accompanied by a significant drop in sales volume. Clearly, gasoline prices were falling beginning in 2018 and the global pandemic facilitated a further and rapid drop. What we see here is that gasoline sales on a per-capita basis are 16.3% lower than at the end of the Great Recession.

United States

Five-year real yields have continued to fall this year, showing great confidence that a dovish Fed and relatively controlled inflation are around for a while yet. Investors are evidently prepared to believe the Fed when it says that it will leave interest rates low come what may, and let the economy run hot. On that occasion, yields were rising as the Fed tried to normalize rates, and to convince the markets that it would continue doing so. Today, Wall Street continues to use Zacks research including the Zacks Rank and Zacks Equity Research, which combines the best of quantitative and qualitative analysis.
Unheard of in the days when all Wall Street could say was “Buy”.

China

Should those talks be fruitful, China will seek a meeting between Biden and Premier Xi Jinping next month.

Europe

European Central Bank President Christine Lagarde, meanwhile, turned the focus to governments and pushing them to ensure they roll out fiscal stimulus promptly.Curbing RiskU.S.

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