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, MARKET USA / Recovery likely to continue | message, Forex-News, Forex-News
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MARKET USA / Recovery likely to continue | message

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, MARKET USA / Recovery likely to continue | message, Forex-News, Forex-News

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, MARKET USA / Recovery likely to continue | message, Forex-News, Forex-News

Towards the end of the week, there are signs of a somewhat more firm opening on the US stock exchanges. This would continue the recovery initiated on Thursday after the recent heavy losses triggered by fears of inflation and interest rate hikes following the surprisingly sharp rise in consumer prices.

Federal Reserve officials have tried to limit the damage and have repeatedly assured that it is not yet time that Monetary policy to tighten as the current rise in inflation is likely to be temporary in nature. This helps to reassure investors, as does the fact that yields on the US bond market have fallen slightly again. The ten-year return is currently 1.63 percent, after the weekly high on Wednesday was a good 1.70 percent.

Economic data could still provide impetus on Friday. Retail sales will be published in April before the starting bell. They allow conclusions to be drawn about the private consumption that is so important for the US economy. Import and export prices as well as data on industrial production for April are also published before the market. Half an hour after the start of trading, the Uni-Michigan index for consumer sentiment (first survey for May) and inventory levels from March follow.

Contact the author: maerkte.de@dowjones.com

DJG / DJN / cln / gos

(END) Dow Jones Newswires

May 14, 2021 6:24 AM ET (10:24 GMT)

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, MARKET USA / Recovery likely to continue | message, Forex-News, Forex-News

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, MARKET USA / Recovery likely to continue | message, Forex-News, Forex-News

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