Sentiment improves on data, easing Fed fears; stocks and euro edge up
Send us Fan Mail Strong US retail sales and softer inflation expectations lift Wall Street. Dollar knocked off highs as 100-bps Fed rate hike bets pared back. Euro tries to distance itself from parity but Italy and gas supply risks cap gains. WTI oil tests $100 on summer demand after Biden’s Saudi trip bears no fruit. Risk Warning: 74.89% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the hig...
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