Delta Variant Impacts Markets, Economies & Support and Resistance Levels 7.29.2021

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Delta Variant Impacts Markets; Dividend Futures and Inflation

By Blu Putnam, Chief Economist
Erik Norland, Senior Economist CME Group

Delta Impacts Markets, Economies

  • Reflation trade of higher bond yields on rising inflation reversed by Delta variant.
  • Some commodity markets, led by lumber, reverse earlier gains as variant spreads.
  • If virus variant dampens economic optimism, equities could become less attractive.
  • Is the Fed view that rising inflation is transitory gaining traction among investors?

Good Trading

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Futures Trading Levels

7-29-2021

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Economic Reports, source: 

 www.BetterTrader.co

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