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Macro Roundup (Jul 21)_SMM | Shanghai Non ferrous Metals


Macro Roundup (Jul 21)
CST
Source:SMM
The US dollar climbed to a three-month peak on Tuesday in a flight-to-safety bid, as investors remained anxious about a fast-spreading coronavirus variant that could throttle global growth.
SHANGHAI, Jul 21 (SMM) This is a roundup of global macroeconomic news last night and what is expected today.
The US dollar climbed to a three-month peak on Tuesday in a flight-to-safety bid, as investors remained anxious about a fast-spreading coronavirus variant that could throttle global growth.
Commodity currencies tied to risk appetite such as the Australian, New Zealand and Canadian dollars struggled, with investors opting for safety or staying on the sidelines in the midst of renewed fears about the highly contagious Delta variant, now the dominant coronavirus strain worldwide. ....

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