Today the focus of investors is on the output of indices in the US in terms of consumer prices and retail sales, reflecting the expected rate of inflation and economic development. Against the background of these events, the released indicators for the Eurozone, although they were mixed, could not support the single currency and the euro continued to decline during the release of data.
If the data shows an increase in inflation, the Federal Reserve will be forced to raise interest rates and push the dollar towards strengthening. At the moment the markets are in anticipation. The quotations of the main pairs are in a corridor, and the dollar index remains practically immovable.
Quotations about gold at the moment show an increase of about 0.2%, while the price of oil approached the marks of December last year and is not in a hurry to return to growth.
The demand for risky assets and cryptocurrencies in the markets have returned to the lost positions in the majority. The capitalization of Bitcoin again approached the $150 billion mark.
