Daily Market Review: Inflation Fears Fade Somewhat for Now
Channel: JFD Brokers
Date: 2021-05-21

Daily Market Review by Charalambos Pissouros

The US dollar slid, while equities rebounded yesterday, perhaps as fears over high #inflation eased somewhat. With no clear catalyst to ease those fears, we believe that it may have been the decline in the US Philly #manufacturing activity index. Taking this into account, today, market participants may pay extra attention to the #PMIs for May from the Eurozone, the UK, and the US.

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