Tesla delays production in Germany, Pfizer earnings are anticipated

The US dollar has been strengthening since the start of the European session, Tesla traders are worried about the recent news, while pharma lovers anticipate the earnings data of Pfizer.

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The day of the British pound
The day of the British pound

While the GBP is preparing to see some news from the Bank of England and the political circles, the market is rather quiet and indecisive today - let's see the trends around.

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S&P500 erased the four-week gains!
S&P500 erased the four-week gains!

The global economic recovery led to higher inflation which in turn is believed to cause the recent plunge in the US and Asian stock markets.

Inflation, gold, tech stocks, and USD
Inflation, gold, tech stocks, and USD

Stocks especially tech ones dropped on Tuesday as increasing commodity prices raised concerns over inflation. Gold is often viewed as a hedge against inflation, that’s why it’s trading now near the three-month high.

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