Send us Fan Mail Dollar pressured from inline CPI report as stocks extend rally. But Fed rate cut expectations pared back slightly ahead of new Fed dot plot. Fed to kickstart central bank bonanza. Risk Warning: Our services involve a significant risk and can result in the loss of your invested capital. *T&Cs apply. Please consider our Risk Disclosure: ... Show More
Aug 7
Week Ahead: US CPI, BoJ summary and RBA decision in focus amid ongoing Middle East tensions
Send us Fan MailMarkets could see heightened volatility this week as traders focus on key US inflation data amid ongoing Middle East tensions. Additionally, we cover the Bank of Japan’s summary and the Reserve Bank of Australia’s decision, US CPI, PPI, and retail sales, plus UK G ... Show More
3m 9s
Aug 2022
Stocks rally on soft US CPI, but Fed members keep feet on the ground
US consumer prices eased in July, and they eased more than expected. US yields pulled lower after the CPI print, the US 10-year yield retreated, the US dollar slipped, gold gained, and the US stock markets rallied. The EURUSD jumped to 1.0370 mark, as Cable made another attempt t ... Show More
10m 17s