OANDA Senior Market Analyst, Jeffrey Halley ponders the inflation concerns sweeping markets this week and why last Friday’s Non-Farm Payroll reaction was a huge signal about the path of least resistance. We return to the Nasdaq, which looks very vulnerable still with a “tech-tantrum” on the cards. Taiwan’s stock market was crushed today. We look at the reasons and why it is so important for the rest of the world. Finally why tonight’s US CPI data is make or break for the inflationista’s.
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