The whole focus for this year has been surrounding the rise in inflation, the general flow to Gold acts as an inflation hedge due to its store of value. Read more.
The markets were in a consolidation phase yesterday as investors lay in wait with the impending Jackson Hole Symposium set to take place in Kansas City tomorrow. Yesterday we got some substantial movement from Airbnb as the higher infection states due to the Delta variant saw some significant progress made. Read mor
The sharp decline in Brent Crude over the last month was noticeable following the market shifting rally soon after the Pfizer(PFE) vaccine announcement that saw the price rally from $36.60 last year November to a post-pandemic high of $77.49 as expectations of a global economy was taken into account. Read more.
The markets managed to close the week out positively, as we saw the Nasdaq, Dow and S&P all close the day higher, recovering a substantial amount of the week’s selloff. Investors remain vigilant in the bull market as vaccination rates continue to increase despite the Delta variant risk. The European markets followed suit as the US Indices dragged the Dax and FTSE higher. Read more.