{"id":2528,"date":"2021-01-15T08:35:52","date_gmt":"2021-01-15T08:35:52","guid":{"rendered":"https:\/\/youtrading.com\/en\/?p=2528"},"modified":"2021-01-15T10:51:45","modified_gmt":"2021-01-15T10:51:45","slug":"markets-react-the-powells-speech-and-bidens-relief-package","status":"publish","type":"post","link":"https:\/\/youtrading.com\/en\/markets-react-the-powells-speech-and-bidens-relief-package\/","title":{"rendered":"Markets react the Powell\u2019s speech and Biden\u2019s relief package"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"2528\" class=\"elementor elementor-2528\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<div class=\"elementor-inner\">\n\t\t\t\t<div class=\"elementor-section-wrap\">\n\t\t\t\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-d24e923 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"d24e923\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-d76e097\" data-id=\"d76e097\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-90ed8b2 elementor-widget elementor-widget-text-editor\" data-id=\"90ed8b2\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p><strong>Markets Underwhelmed<\/strong><\/p><p>Financial markets are still reacting to Federal Reserve Chair Jerome Powell\u2019s scheduled speech on Thursday and the details of incoming US President Joe Biden\u2019s Covid-19 relief bill this morning.<\/p><p>The US dollar and bonds started to sell-off after Chair Powell effectively took QE tapering off-the-table, as he noted that the US economy is \u201cstill far from our goals\u201d. Powell\u2019s comment was seen as a way of lessoning markets expectations after days of rising <a href=\"https:\/\/bit.ly\/3mBrxpW\" target=\"_blank\" rel=\"noopener\">US bond yields<\/a> and strength in the <a href=\"https:\/\/bit.ly\/37m9dMU\" target=\"_blank\" rel=\"noopener\">greenback<\/a>.<\/p><p>Following Chair Powell\u2019s speech, the bond market sold off broadly, with 2-year all-the-way down to 30-year Treasuries selling-off. The <a href=\"http:\/\/bit.ly\/2YAQOVh\" target=\"_blank\" rel=\"noopener\">EURUSD<\/a> also briefly bounced, while the <a href=\"http:\/\/bit.ly\/2OJjKKR\" target=\"_blank\" rel=\"noopener\">USDJPY<\/a> fell to a fresh weekly low.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-f8b96a7 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"f8b96a7\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-e53fd03\" data-id=\"e53fd03\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-0b51cc2 elementor-widget elementor-widget-image\" data-id=\"0b51cc2\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-image\">\n\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"602\" height=\"262\" src=\"https:\/\/youtrading.com\/en\/wp-content\/uploads\/2021\/01\/CHART-1-5.png\" class=\"attachment-large size-large wp-image-2531\" alt=\"\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-4f2c150 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"4f2c150\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-756286c\" data-id=\"756286c\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-d64b31d elementor-widget elementor-widget-text-editor\" data-id=\"d64b31d\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p>Markets also appear underwhelmed by the details of Joe Biden\u2019s proposed $1.9 trillion COVID019 relief bill. Biden noted that the bill would have to be paid back, which was unexpected, while investment bank Goldman Sachs have said that some parts of the bill will be hard to pass through US congress.<\/p><p>Perhaps it is also a case of buy the rumour and sell the fact. US and global stocks have not reacted positively to Biden\u2019s bill. The <a href=\"https:\/\/bit.ly\/3mx6EMD\" target=\"_blank\" rel=\"noopener\">S&amp;P 500<\/a> and <a href=\"https:\/\/bit.ly\/3aAQFuu\" target=\"_blank\" rel=\"noopener\">Dow Jones<\/a> Industrial Average futures are down, while the <a href=\"https:\/\/bit.ly\/3aPYU60\" target=\"_blank\" rel=\"noopener\">Nikkei 225<\/a> is down by over (-0.6%) today.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-05d1f18 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"05d1f18\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-390558b\" data-id=\"390558b\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-a28db33 elementor-widget elementor-widget-image\" data-id=\"a28db33\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-image\">\n\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"602\" height=\"296\" src=\"https:\/\/youtrading.com\/en\/wp-content\/uploads\/2021\/01\/Usa500-1h-1.png\" class=\"attachment-large size-large wp-image-2532\" alt=\"\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-602daed elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"602daed\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-16899e0\" data-id=\"16899e0\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-e593cd2 elementor-widget elementor-widget-text-editor\" data-id=\"e593cd2\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p>It should be said that US dollar has started to firm again this morning, while <a href=\"http:\/\/bit.ly\/2ZsFzPL\" target=\"_blank\" rel=\"noopener\">gold<\/a> and <a href=\"http:\/\/bit.ly\/319C7df\" target=\"_blank\" rel=\"noopener\">silver<\/a> are back under pressure. <a href=\"https:\/\/bit.ly\/37v2hgJ\" target=\"_blank\" rel=\"noopener\">European stock<\/a> markets are set to open lower as attention turns back to Italy.<\/p><p>Yesterday, the spread between Italian and German bonds widened the most in over six months. This will be the key dynamic that markets will be focused on during the European trading session.<\/p><p>If the bond spread continues to widen, we should expect the euro currency to remain under pressure, and weakness should start to creep back into the <a href=\"https:\/\/bit.ly\/3aTacGO\" target=\"_blank\" rel=\"noopener\">ITA40 index<\/a> and Italian stocks into the weekend.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-96245cd elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"96245cd\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-9adadd8\" data-id=\"9adadd8\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-fa90d3e elementor-widget elementor-widget-image\" data-id=\"fa90d3e\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-image\">\n\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"602\" height=\"295\" src=\"https:\/\/youtrading.com\/en\/wp-content\/uploads\/2021\/01\/Ita40Mar21.png\" class=\"attachment-large size-large wp-image-2533\" alt=\"\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-8747c3f elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"8747c3f\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-a28d692\" data-id=\"a28d692\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-1574586 elementor-widget elementor-widget-text-editor\" data-id=\"1574586\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p>COVID-19 infections in China continue to rise once again. China has issued a statement saying that the country has seen the most COVID-19 infections in over ten months. Traders may be hesitant to hold riskier asset in case infections continue to spiral over the weekend.<\/p><p>The Chinese government has sealed-off two major cities to avoid contagion and urged its citizens not to travel over the Chinese New Year Holiday period. The Shanghai Composite continues to look past the rising infections and closed higher by around (+0.25%) on the day.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-e02b061 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"e02b061\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-c7fb987\" data-id=\"c7fb987\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-4f5fdcd elementor-widget elementor-widget-image\" data-id=\"4f5fdcd\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-image\">\n\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"602\" height=\"308\" src=\"https:\/\/youtrading.com\/en\/wp-content\/uploads\/2021\/01\/chart-2-4.png\" class=\"attachment-large size-large wp-image-2534\" alt=\"\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-0a63709 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"0a63709\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-9d54501\" data-id=\"9d54501\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-8207162 elementor-widget elementor-widget-text-editor\" data-id=\"8207162\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p>US retail sales are going to be the big focus during the US trading session, especially after FED Chair Powell\u2019s speech and yesterday\u2019s soft weekly jobless claims figures from the US economy, which moved close to 1 million mark.<\/p><p>Market expectations are for retail sales to have declined for a third straight month in the United States last month. Spending in bars and restaurants are expected to have plunged due to COVID-19 restrictions, while auto and gasoline components of the report are predicted to have rose.<\/p><p>It is difficult to know how the market will react, but I suspect that traders could move into the US dollar and sell stocks if retail sales come in worse-than-expected. Market sentiment is quite fragile today due to the risks hanging over the market, such as political uncertainty and rising COVID-19 infections globally.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Markets Underwhelmed Financial markets are still reacting to Federal Reserve Chair Jerome Powell\u2019s scheduled speech on Thursday and the details of incoming US President Joe Biden\u2019s Covid-19 relief bill this morning. The US dollar and bonds started to sell-off after Chair Powell effectively took QE tapering off-the-table, as he noted that the US economy is [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":2529,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5,6,9,2],"tags":[45,144,18,42,28,135,181,107,150,46,49,152,180,67,199,22],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v17.6 (Yoast SEO v20.11) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Markets react the Powell\u2019s speech and Biden\u2019s relief package - Youtrading UK<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/youtrading.com\/en\/markets-react-the-powells-speech-and-bidens-relief-package\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Markets react the Powell\u2019s speech and Biden\u2019s relief package\" \/>\n<meta property=\"og:description\" content=\"Markets Underwhelmed Financial markets are still reacting to Federal Reserve Chair Jerome Powell\u2019s scheduled speech on Thursday and the details of incoming US President Joe Biden\u2019s Covid-19 relief bill this morning. The US dollar and bonds started to sell-off after Chair Powell effectively took QE tapering off-the-table, as he noted that the US economy is [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/youtrading.com\/en\/markets-react-the-powells-speech-and-bidens-relief-package\/\" \/>\n<meta property=\"og:site_name\" content=\"Youtrading UK\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/YouTradingEnglish\/\" \/>\n<meta property=\"article:published_time\" content=\"2021-01-15T08:35:52+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-01-15T10:51:45+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/youtrading.com\/en\/wp-content\/uploads\/2021\/01\/GettyImages-490074826.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"586\" \/>\n\t<meta property=\"og:image:height\" content=\"257\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Nathan Batchelor\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Nathan Batchelor\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/youtrading.com\/en\/markets-react-the-powells-speech-and-bidens-relief-package\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/youtrading.com\/en\/markets-react-the-powells-speech-and-bidens-relief-package\/\"},\"author\":{\"name\":\"Nathan Batchelor\",\"@id\":\"https:\/\/youtrading.com\/en\/#\/schema\/person\/88ce8e6688d6c690a83e6cbeee2eccab\"},\"headline\":\"Markets react the Powell\u2019s speech and Biden\u2019s relief package\",\"datePublished\":\"2021-01-15T08:35:52+00:00\",\"dateModified\":\"2021-01-15T10:51:45+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/youtrading.com\/en\/markets-react-the-powells-speech-and-bidens-relief-package\/\"},\"wordCount\":558,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/youtrading.com\/en\/#organization\"},\"keywords\":[\"Covid-19\",\"DOW JONES\",\"EURUSD\",\"Fed\",\"GOLD\",\"Goldman Sachs\",\"ITA40\",\"Joe Biden\",\"Nikkei225\",\"S&amp;P500\",\"Silver\",\"Stoxx50\",\"US BONDS\",\"US Dollar\",\"US Retail Sales\",\"USDJPY\"],\"articleSection\":[\"Forex\",\"Index\",\"Insights\",\"Markets\"],\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/youtrading.com\/en\/markets-react-the-powells-speech-and-bidens-relief-package\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/youtrading.com\/en\/markets-react-the-powells-speech-and-bidens-relief-package\/\",\"url\":\"https:\/\/youtrading.com\/en\/markets-react-the-powells-speech-and-bidens-relief-package\/\",\"name\":\"Markets react the Powell\u2019s speech and Biden\u2019s relief package - 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