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Chip Shortages, Jobless Claims, ECB, Musk Lifts Bitcoin - What's Moving Markets

investing.com
 2021-07-22

Cover picture for the articleInvesting.com -- Intel (NASDAQ:INTC) reports earnings against a backdrop of mounting speculation that the global chip shortage may be peaking. Jobless claims and existing home sales shed light on the economy's momentum, while the European Central Bank is expected to take a more aggressive approach to generating inflation as it starts implementing its new strategy. Earnings continue apace elsewhere with updates from AT&T (NYSE:T), Biogen (NASDAQ:BIIB) and Abbott Labs among many others. Bitcoin touched its highest in a week after Elon Musk again switched his opinion on it. Here's what you need to know in financial markets on Thursday, 22nd July.

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