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Hersh P. Sayta
Hersh P. Sayta | Senior best online betting site in india Analyst
Updated Sep 23, 2021 | 08:47 IST
US, European markets gain, commodities and metals rise
US, European markets gain, commodities and metals rise 

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  • Markets in US gained after commentary from the Fed suggested that taper in the bond buying programme will happen "soon" but no clear timeline
  • Markets in Europe yet to react to Fed commentary but gained yesterday based on positive expectations and sentiment
  • Commodities rose sharply with Copper, Aluminium, iron-ore rising over 3% each
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The Chairman of the Federal Reserve, Mr. J Powell suggested that the Fed is getting closer to achieving its goals with “substantial further progress” on both inflation and employment. Core inflation is projected to increase 3.7% this year, compared with the 3% forecast. All 3 US indices gained as the Fed is not yet ready to remove stimulus. The S&P500 snapped its 4 day losing streak after Fed decision. The Dow closed 338 points, 1% higher. The S&P500 closed 41 points, 0.95% higher while the Nasdaq closed 150 points, 1.02% higher. ,betel leaf plant buy online india

European markets too closed higher for a second consecutive day as traders in Europe awaited the Fed update. The reaction will only be assessed in trade today. The DAX closed 158 points, 1.03% higher up for a second consecutive day yesterday. The FTSE100 was up 102 points, 1.47%. The CAC40 was up 84 points, 1.29%, up for a second day in a row. The Stoxx600 index closed 5 points higher, 0.99%. ,rajshree keno

jagplay poker,The Nikkei fell for a second day this week, down 0.67% in trade yesterday. The ASX200 gained 0.32% in trade yesterday and is 60 points, 0.83% higher in early trade today. The Kospi was trading 24 points lower, 0.78% down in early trade. SGX Nifty Futures was up 8 basis points in trade yesterday, closing higher for a second consecutive day. SGX Nifty Futures started today positively, up by 0.54%. 

roulette fake,The London Metal Index closed higher breaking a 3 day losing streak. The Index was up 3.09% reversing the losses made on Monday and Tuesday. Oil prices rose on U.S. stocks draw and rising fuel demand. Oil is at USD 72.04 a barrel and Brent crude at USD 75.99 a barrel in early trade today. Gold dropped as the Fed pointed to quicker end to stimulus. Gold was at USD 1766 an ounce in early trade today. The LMEX Copper was up 3.46% and LMEX Aluminium was 3.13% and Iron ore was up 5.61%. 

Dollar index closed 0.28% higher yesterday and gained in early trade today, up 3 basis points. Treasury yields move lower as Fed says it may soon taper its bond-buying program. The US 10 year treasury yields at 1.3% . Bitcoin was up 2.7% in early trade just above the USD 43k mark.,betdaq exchange

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