There were some hints which FED might change their thought about the inflation itself.
US dollar Index fell today after some interventions from the Bank of China and Bank of Japan.
These two countries are top 2 foreign countries whom own the most US dollars in the world.
Because of these big changes, stocks market and commodity prices were rallied big.
A couple of FED officials and US Treasury Secretary Janet Yellen mentioned today
that it’s about the time FED to consider slowing the pace of raising the rate.
US stock market jumped up.
DJ Index was up 2.0%, S&P 500 Index was up 1.9% and NASDAQ Index was up 1.8%.
It was a dramatic changes.
Apple was up 2.7%, MS was up 2.5%, Amazon was up 3.5% and even Tesla was up 3.5%.
Is it coincident that so many big IT mega companies will report their numbers next week and this dramatic change occurs simultaneously?
