Wednesday, January 27, 2021

Feds left the rates unchanged ...

with a commitment to buy $120B of securities on monthly basis.

Fed is more concerned about deflation than inflation; so, taper tantrum not coming anytime soon ..!

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market recovers half the losses ..

As of this morning... 2.6p ON 3pm update = up 3.3p; recovers 2/3rd Crude down 8p