Subject: 👀 Stocks Collapse, Dollar Soars, What's Next?
News & Market Analysis - June 21, 2021
The USÂ the dollar had its best week since April 2020, as short-term Treasury yields rose as a result of expected future rate hikes. In contrast, US stocks suffered a bloodbath towards the end of last week, with massive selloffs triggered by the Federal Reserve's inflation comments in what is often referred to as a 'taper tantrum'.
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This week is expected to see an increase in volatility across the board - in currency trading and the stock markets as well as in crypto and commodity trading. Don't make a move without reading what the experts are expecting.
