Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the rocket domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/befikry/energyscan.befikry.com/wp-includes/functions.php on line 6121
Stimulus hopes fuel optimism. Inflation expectations on the rise – EnergyScan

Stimulus hopes fuel optimism. Inflation expectations on the rise

The rather disappointing January US job report reinforced expectations of a substantial stimulus package. The US Treasury Secretary strongly defended it and the Senate voted a budget resolution that clears the way for a vote without support from the Republican party. The stock market continues to rise, but inflation expectations and bond yields too. The euro rebounded against the USD on Friday, confirming that there is a strong support around 1.20 and that the upward trend may resume eventually, once there is some good news in the euro area.

US-job-market
Share this news :

You might also read :

ES-oil
June 1, 2021

Pricing a late Iranian comeback ?

ICE Brent prompt prices hiked to 70.3 $/b at the prompt, ahead of the OPEC meeting, as OPEC compliance in April remained good, at 122%,…
Join EnergyScan

Get more analysis and data with our Premium subscription

Ask for a free trial here

Subscribe to our newsletter

Don’t have an account yet? 

[booked-calendar]