HedgeTalk – Inflation is Up as Jobless Claims Fall

Table of Contents:

1. Market Moving Headlines

2. Interest Rates

3. Currencies

4. Commodities

5. Quote of the Week

Market Moving Headlines

• US inflation rate went up to 3.4%, higher than market forecasts of 3.2%.

• US initial jobless claims fall of over a 2-month low.

• US mortgage applications rise the most in one year.

• US 10-year Treasury note rises above 4%.

• Uranium extends surge to a 16-year high.

• Gasoline rebounds from a 4-week low.

• Germany 10-year bond yield hits 4-week high.

• Steel holds at a 2-month low.

Interest Rates

Currencies

Commodities

Quote of the Week

“The future depends on what you do today.” – Mahatma Gandhi

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