Stocks, Commodities and Bond Yields Continue To Rise!

Stocks, commodities and bond yields continue to rise! World stocks returned to record levels on the third day of the rise. The dollar fell to a three-year low on Thursday after US and European Central Banks officials aimed to boost bond market yields. There is a lot to follow in the market. The retail craze has reignited the market, as in the GameStop incident, with oil prices rising to nearly $ 70 a barrel and copper prices at the ten-year high, causing a rise in commodity currency, and bond yields follow. Overnight gains in European and Asian markets followed an increase of approximately 1.9 percent in oil and gas stocks.

MSCI's (an American finance company headquartered in New York City and providing a global equity and multi-asset portfolio analysis tools service ) global index covering 50 countries increased by 0.5 percent.

On Wednesday, Federal Reserve Chairman Jerome Powell announced that US interest rates could remain low for years, while on Thursday, ECB board member Isabel Schnabel said that they will intervene in case of a critical rise in inflation. She said, “If there is a very sudden increase in real interest rates, thanks to the improvement of global growth expectations, this economic recovery could be jeopardized. For this reason, we closely follow the financial market developments. ''   Source: https://www.reuters.com/ You may also be interested in: Digital Gold Bitcoin!