Headlines Jul 7
The ECB is reported to have agreed to a new 2% inflation target, and is to allow for some overshoot of the new inflation target.
Fed Minutes: In light of incoming data, some participants said that they expected the requirements for starting to decrease the pace of asset purchases to be satisfied faster than they had anticipated at prior meetings.
FOMC Meeting Minutes Released. - S&P 500 up 0.4%, Dollar little unchanged, saw some inital downside movement, Gold extends gains slightly.
UAE seeks to increase production and market share in the face of rising demand - Sources. (WTI Weakened)
Visa estimates crypto-linked card usage reached $1 billion in the first half of 2021, according to CNBC.
FED'S BOSTIC MINDFUCK:
-Close to having a taper
-But, impossible to tell when to truly taper
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