Dow and Nasdaq 100 at new Highs, and Nikkei 225 Makes Gains
Yesterday’s softer US CPI helped markets to rally, with the Dow and Nasdaq 100 at new highs and the Nikkei 225 also risng
Yesterday’s softer US CPI helped markets to rally, with the Dow and Nasdaq 100 at new highs and the Nikkei 225 also risng
USD/JPY remains under pressure from this week’s US inflation figures despite worrying weakness in Japanese growth
The Fed may be breathing a little easier after yesterday’s moderately cooler inflation print which has brought two Fed rate cuts back on table, buoying gold
This article explores the outlook for the U.S. dollar following April’s U.S. inflation report, focusing primarily on two FX pairs: EUR/USD and USD/JPY. Key tech levels to watch in the near term are also discussed.
US CPI printed broadly in line with consensus estimates, resulting in a continued move lower for US yields and the greenback while gold received a helpful bid
Outlook on FTSE 100, DAX and S&P 500 ahead of US CPI print
Oil prices have plenty of support, both fundamental and technical, but, still, few obvious reasons to rise
US CPI is expected to take a step back, something the Fed has been searching for all year after multiple stubborn prints dented the committee’s confidence in taming prices
Wednesday's U.S. inflation report has the potential to stir volatility across assets, so traders should prepare for the possibility of treacherous market conditions, especially if the upcoming CPI numbers surprise to the upside by a wide margin.
Wednesday's U.S. inflation report will be closely watched by market participants. Unexpected outcomes may unleash volatility, prompting dramatic shifts in gold prices.