Investors are worried about high inflation. Brent oil keeps looking at $85 a barrel, natural gas corrected down, EUR/USD remains in a downtrend, and USD/JPY paused after the rapid growth on Monday.
Biden’s tax on investors, EUR, BTC, and stocks
Joe Biden proposed almost doubling the capital gain tax for wealthy investors. S&P 500 lost 1.2% on the news, and BTC fell below $50000. EUR/USD is recovering after the meeting of the ECB. This and other news in the FBS trading plan for April 23!
After mixed NFP results, the markets are looking calmer than usual. But some pairs draw out attention with unexpected movements. Anyway, the new trading plan is here and we've got ideas to share!
Gas soared more than 60% in a day and dumped 50% after that. What are the reasons for this? Also, Bitcoin is acting unusually bullish, but the crypto still has a lot to show. Gold is in the buy zone, but will it last for long? All this plus a little more in our fresh video!
Today retail sales and core retail sales will be announced in the United States…
Watch the video to get fresh trading ideas!
EUR/USD and other major pairs have been recovering losses, while the main focus of today remains on the US CPI and the FOMC Meeting Minutes…