South Africa's weak growth could fuel socioeconomic tensions - Moody's: South Africa's low economic growth and rising debt burden could see socioeconomic tension intensify and impede policy reforms, ratings firm Moody's said in a research note on Tuesday.
Global markets turn Risk On w/Germany's Dax hit fresh ATH and US Futures point to higher open on Wall St. Dollar eases w/Euro at $1.22, highest since Jan. Bonds steady w/US 10y yields at 1.65%. Gold keeps rising, now $1870/oz on crypto turmoil. #Bitcoin stabilizes, now $45.1k.
Good Morning from #Germany where 10y yields on course positive as markets are losing faith in central banks due to rising inflation. German 10y yields has already risen to -0.11%, highest since 2019 w/German CPI has jumped to 2% and is expected to rise further.
Lockdown may have eased but case numbers in some parts of Scotland are rising. How is your local area faring?
Is #Gold setting the stage for another move higher? @_prashantnair highlights that Gold prices have taken out a cluster of resistance levels - - Falling trendline - Rising channel top - 200-DMA - Feb 10, 2021 high What's next? #PreciousMetals #GoldPricePrice
.: why aren’t customers saving money? Taxpayers: we lost our jobs/homes/savings but gave you a $25b bailout Workers: employers don’t pay living wages Economists: rising costs + stagnant wages = 0 savings Chase: guess we’ll never know Everyone: seriously? #MoneyMotivation
Americans want a fair trial. They want to believe their government is still capable of rising to the occasion. They want to believe we can rise above party, to do what’s best for our country. Sadly, a great many Americans doubt this is still possible. Let's prove them wrong.