Market Overview

Fed Key PointsThe Federal Reserve’s FOMC left interest rates unchanged in the 5.25-5.50% range, as expected The median FOMC member now expects 3 interest rate cuts in 2024 and 4 more in...

Emini daily chart The S&P 500 Futures Bulls are getting an upside breakout on the daily chart. The target for the bulls is the July high which is 4,735.75. The market has been Always In Long...

Dollar pressured from in-line CPI report as stocks extend rallyBut Fed rate cut expectations pared back slightly ahead of new Fed dot plotFed to kickstart central bank bonanzaMarkets upbeat after CPI...

U.S. stocks are in rally mode as we enter the final weeks of 2023. With the final CPI report of the year out of the way, the market’s focus is now fixated solely on the Federal Reserve...

Gold Is Near a Three-Week Low as Investors Await Fed's Interest Rate DecisionThe gold (XAU) price initially rallied towards 1,996 yesterday, as the U.S. core Consumer Price Index (CPI) aligned with...

US headline inflation fell to 3.1% as expected, thanks to an almost 9% fall in gasoline prices since last year, although shelter inflation – which is where everyone sees the biggest potential...

Here's what makes the US inflation CPI report important

The UK labour market is cooling, showing an increase in claims from claimants. In addition, wage growth is slowing. The data provided further evidence that the UK economy has moved into a new phase of...

In October, the markets were down 10% from the July high, bond yields were touching 5%, and talk of a coming recession was rampant. What happened?Interestingly, a Wall Street axiom says, “Sell...

The eagerly awaited release of CPI and Core CPI figures today is crucial, especially during a bullish market phase. Today's data release will also decide the year-end rally's fate. Anticipated...

Gold Drops to a Three-Week Low Ahead of the U.S. CPI ReportThe gold (XAU) price plunged by over 1% on Monday, reaching a three-week low as traders repositioned ahead of the crucial U.S. inflation...

The Stoxx 600 and the S&P 500 traded at a fresh YTD high on Monday as the British FTSE 100 lagged behind its Western peers, as mining stocks drove the index lower. But overall, the week started on...

Will CPI Report Make or Break the Stock Market Rally? Original Post

Fed pivot may hang on tomorrow’s CPI data Markets pricing in five rate cuts from ECB next year ahead of meeting EUR/USD hangs around key support level A lackluster start to the week but...