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Futures Jump As Coordinated Central Bankers Push Back On Inflation Fears

by Tyler Durden Wednesday, May 26, 2021 - 07:52 AM US equity futures rose on Wednesday, rebounding from a modest dip  the day before as more central-bank officials joined the chorus predicting that inflationary pressures are transitory, while a recent dip in bond yields supported Nasdaq futures climb for a third straight session. At 7:15 a.m. ET, Dow e-minis were up 82 points, or 0.24%, S&P 500 e-minis were up 14 points, or 0.33%, and Nasdaq 100 e-minis were up 51.25 points, or 0.38%. Treasuri...
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Dollar heads for weekly loss as traders shrug off taper talk

Dollar heads for weekly loss as traders shrug off taper talk 05/20/2021 | 08:57pm EDT Send by mail : Message : Required fields SINGAPORE (Reuters) - The dollar was pinned near milestone lows on Friday, and headed for a weekly loss, as traders initial concerns at taper talk in Federal Reserve minutes ebbed - with actual tapering seeming distant - while pandemic recovery boosted other currencies. On Wednesday, minutes from the April Fed meeting noted some committee members think that if the ...
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