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EUR/USD Rises After Release of U.S. CPI

EUR/USD Rises After Release of U.S. CPI

The core U.S. consumer price index rose by less than expected yesterday, easing concerns of inflation. The overall CPI, however, rose by the expected amount. The costs of used cars, apparel, and transportation services all declined since the last report in February.

Chinese PMI Slows Down in February

Chinese PMI Slows Down in February

The Chinese manufacturing PMI hit 50.6, its lowest level of expansion since May 2020 as COVID-19 disrupted factory activity. The Lunar New Year break potentially contributed to the decline, as well as increasing raw material costs.

Gold Rises as US$ Weakens

Gold Rises as US$ Weakens

Gold kicks off the first week of 2021 reaching its highest level since November 2020 by surpassing US$1,900 early in today’s trading.

Markets Rise After Trump Signs Stimulus Bill

Markets Rise After Trump Signs Stimulus Bill

Markets rose as a reaction to Trump's signing of the Stimulus Bill, even though he had previously refused to do so. The bill will provide financial aid to people and institutions, as well as funding for vaccines and other health measures.


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