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Textile Manufacturing Market size is set to grow by USD 346 05 billion from 2024-2028, Increasing demand for textiles in automotive industry to boost the market growth, Technavio

Textile Manufacturing Market size is set to grow by USD 346 05 billion from 2024-2028, Increasing demand for textiles in automotive industry to boost the market growth, Technavio
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Key Events This Week: All Eyes On CPI And The 10Y Auction

by Tyler Durden Monday, Mar 08, 2021 - 09:26 AM With the Biden stimulus narrative now behind us, earnings season effectively over, econ data entering the usual post payrolls lull and the Fed in their blackout period ahead of next week’s FOMC, it s a relatively quiet week, however there are several key events that traders will be keeping a close eye on: the highlights this week will be US CPI (Wednesday) and PPI (Friday), the ECB meeting on Thursday and given the pretty sizeable volatility in US rates at the moment the success of a $58bn 3yr auction (tomorrow) and a $38bn 10yr auction (Wednesday) will also be very important. And with all eyes on inflation - and this week s 10Y TSY auction - and Fed speakers offline, there won’t be much support (or market damage) from central planners this week, so volatility may be acute.

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Nasdaq Futures Tumble As Value Surge Makes Europe A Sea Of Green

by Tyler Durden Monday, Mar 08, 2021 - 07:47 AM US equity futures and global markets jumped higher at the reopen of Asian trading late on Sunday following news of the Senate s passage of the Biden $1.9TN stimulus plan and the spike higher in oil following the Houthi drone attack on Aramco facilities in the Gulf, but have since dipped amid renewed reflationary fears which pushed Treasury yields as high as 1.61% overnight hitting tech stocks with lofty valuations even as value stocks and European markets were broadly in the red. After rising above $71, Brent has since faded gains and was last trading near where it closed Friday at $69. Bitcoin soared as HK-based firm the latest institution to convert cash into Ethereum and Bitcoin.

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