Market Overview

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...

Late November, see here, we were based on the Elliott Wave Principle (EWP) looking for the Nasdaq 100 to put in a local top, drop to ideally $15,750, while holding above $15,738 on a daily closing...

Here's what makes the US inflation CPI report important

US inflation numbers enter the spotlight ahead of the FedHeadline CPI rate expected to tick down, core to hold steadyYen extends slide on more BoJ-related reports, rebounds todayWall Street climbs to...

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...

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...

The US CPI report is expected to show headline inflation fell to 3.1% in November, with Core prices still rising at 4.0% Declines in energy and goods prices could keep the headline reading in check,...

Investors will focus on the last Federal Reserve meeting of the year. The FOMC is expected to keep rates stable, and Jerome Powell's speech will traditionally attract much attention. Read more in the...