USD Weekly Outlook: Dollar Index (DXY) Eyes U.S. CPI
The U.S. dollar starts the week under pressure but may find some respite from U.S. CPI should actual figures exceed forecasts.
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🔴CPI INFLATION DATA | WILL THE STOCK MARKET CRASH? | LIVE TRADING SPY QQQ TSLA
Today the CPI Inflation data is released at 8:30am est. Watch the full release plus stock market reaction live on this stream. Will it cause the markets to tank? Expectations…
Read More »October CPI expected to show inflation still ran hot even as some goods prices cooled
Consumer inflation may have come down slightly in October as some goods prices declined, but prices for services and rents continued to climb. Original source: https://www.cnbc.com/2022/11/09/october-cpi-seen-showing-inflation-ran-hot-even-as-some-goods-prices-cooled.html
Read More »EUR/USD Rate Vulnerable to Another Rise in US PCE
Data prints coming out of the US may fuel the recent decline in EUR/USD as the Personal Consumption Expenditure (PCE) Price Index is anticipated to show sticky inflation.
Read More »Gold Prices Find Optimism Before US CPI Report, That May Be Wishful Thinking
Gold prices traded rather optimistically ahead of the highly anticipated US CPI report. An upward push in core inflation would likely bode ill for XAU/USD. What are key levels to…
Read More »Hang Seng Index May Fall After US CPI Beat Raised Odds of a More Aggressive Fed
Hang Seng Index futures slumped after US CPI data beat expectations and boosted odds of a more aggressive Fed. Hong Kong equities may extend their three-month-long downtrend.
Read More »Australia – Westpac Consumer Confidence Index for May -5.6% m/m (vs. prior -0.9%)
The weekly consumer sentiment data (latest here Australian weekly consumer confidence survey 90.5 (prior 90.7)) is languishing well in pessimistic territory.This monthly indicator, the same. Drops sharply to 90.4, its…
Read More »Gold Price Rebound Vulnerable to Slowdown in US Consumer Prices
The update to the US Consumer Price Index (CPI) may rattle the recent rebound in the price of gold as inflation is expected to slow for the first time since…
Read More »US Dollar Index juggles around 98.00 ahead of US CPI and Initial Jobless Claims
The US dollar index (DXY) is hovering around 98.00 as investors await the US Consumer Price Index (CPI) numbers from the Bureau of Labor Statistics an
Read More »Australia Consumer Price Index (QoQ) above forecasts (1%) in 4Q: Actual (1.3%)
Australia Consumer Price Index (QoQ) above forecasts (1%) in 4Q: Actual (1.3%)
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