⚡️🛢🔮📈 📈Bank of America predicts an increase in oil prices this year by 23% compared to current quotes to $112 per barrel

⚡️🇺🇸📈🔈 ⚠️ US CPI Core (YoY) :

▫️ +3.8% (expected +3.7% )
▫️ prev. value: +3.8%

⚠️ US CPI (YoY) :
▫️ +3.5% (expected +3.4% )
▫️ prev. value: +3.2%

⚡️🇺🇸📈🔈 Primary reaction of SP500 futures to the released statistics 🔥

All CPI indicators are above expectations, the highest annual inflation rate since September 2023. Take a look at yields numbers...

Is America being hit by an inflationary 2nd wave already ?

⚡️🇺🇸🛢🔮📈 Interesting picture 🤓What JP Morgan and others were telling about Crude Oil prices?

⚡️🛢🔮📉 Global oil reserves are forecast to fall by 900k barrels per day

⚡️🇺🇸🔮🔔 The market is now saying we'll only get two rate cuts this year, and the first won't happen until September

⚡️🇺🇸🤓📈🔈 Minutes of the Fed meeting March 19-20 , 2024 (FOMC Minutes).
(publ. 04/10/24)

● Inflation continued to decline, but recent progress has been unsustainable. The latest inflation data did not increase officials' confidence that inflation is steadily moving towards 2%.

● Some participants noted that the recent rise in inflation was relatively broad-based and should therefore not be dismissed as a mere statistical outlier.

federalreserve.gov

⚡️🇺🇸🥇📈 Costco gold bars seeing at least $100 million in monthly sales 🔥 "It only reinforces its value position," Wells Fargo said.😎

⚡️🇺🇸📈🔈 Brief results of yesterday's Inflation report and Fed Minutes:

▪️Higher inflation means the stock market rally will face a critical test as earnings season begins. marketwatch.com

▪️Bond sell-off extends to Asia following US inflation data
Shares of Australia, Japan and Hong Kong are declining following the American ones. The 10-year US Treasury yield rose above 4.5% for the first time since November. bloomberg.com

▪️The Fed's interest rate cut is now a matter of "If" rather than just "When" wsj.com

▪️Goldman Sachs believes it's time to take profits from the tech sector and invest in other areas. Asset managers are betting on energy and Japanese stocks. AI stock returns will vary as the industry matures. bloomberg.com

▪️Markets have shifted expectations for the Fed's first rate cut from June to November Data on consumer prices and core inflation exceeded expectations. 💥

We warned that market is totally wrong about interest rates and inflation... By the way, concerning November Fed meeting... Will they change rate right after election day? 😎

⚡️🇩🇪📈🔈 Bankruptcies in Germany are growing steadily. Current numbers are 30% higher than normal

⚡️🇺🇸😱🔮📉 Who will buy $1 trillion in debt every 100 days?

The most recent Treasury auction was a huge failure. Horrible numbers. There is perhaps a limit to how much US govt debt the market really wants.

If the govt can't control spending, rates have to go higher to attract investors.

⚡️🇺🇸📈🔈 Bond traders brace for 5% yields, no rate cuts around the world

● Schroders* shorts 2, 5 and 10 year Treasuries;
● The 10-year yield rose above 4.5% for the first time since November.

bloomberg.com
* British multinational financial company