Daily Market Comment – US inflation and Powell speech could spice things up
Posted on February 10, 2021 at 9:23 am GMTDollar remains under pressure, stocks hover near records in a quiet session Markets still driving in risk-on gear as stimulus hopes grow stronger But US inflation data and Powell’s remarks could spark volatility today Risk-taking still the dominant force It was a quiet session in global markets, without any real news to drive the action. The same old stimulus stories continued to circulate, encouraging investors to take on more risk. The overarching theme lately is that the Democrats will push [..]