RAND TALKING POINTS & ANALYSIS Rand unable to capitalize on US initial jobless claims data. Fed officials to relate recent US economic data. Bullish divergence at trendline support could see some SUD upside to come. USD/ZAR FUNDAMENTAL BACKDROP Macro-economic fundamentals underpin almost all markets in the global economy via growth, inflation and employment – Get
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Share: European Central Bank (ECB) President Christine Lagarde stated on Friday that critical inflation expectations remain anchored at 2%. She emphasized the importance of these expectations and expressed confidence that inflation numbers would look different by the end of the current year. During an interview with Bloomberg TV, Lagarde mentioned that they would
US Dollar, S&P 500, Trendlines – Technical Update: US Dollar eyeing 5th weekly gain, S&P 500 faces 3rd weekly loss DXY Dollar Index facing key falling trendline, will the latter hold? Meanwhile, the S&P 500 is looking to key rising support from March Recommended by Daniel Dubrovsky What is the outlook for the US Dollar?
> Biden plan to signed Executive Order to limit critical US technology investments in China Executive Order to go into effect but mid August Bloomberg is reporting: Pres. Biden to sign Executive Order to limit critical US technology investments in China by mid August Planned Executive Order to focus on semi-conductors, AI, quantum computing. Won’t
