Dax, Dow and Nasdaq 100 in Strong Form Ahead of US inflation
Indices have made fresh headway this morning, though this afternoon’s US CPI print could result in some volatility.
Indices have made fresh headway this morning, though this afternoon’s US CPI print could result in some volatility.
Sterling is in focus this week as UK GDP data for November is due to be released on Friday and US CPI comes out at 13;:30 GMT today. GBP price action setups analysed
With little Euro Area data out for the rest of the week, Euro pairs will be driven by external influences, including today’s US inflation report.
Gold prices, Treasury yields, the U.S. dollar and the Nasdaq 100 will be quite sensitive to the December U.S. inflation report, as consumer price data can guide the Fed's next policy moves and the timing of the first interest rate cut.
This article focuses on the technical outlook for EUR/USD, GBP/USD and the Nasdaq 100, analyzing market sentiment and price action dynamics ahead of upcoming U.S. inflation data.
The Japanese Yen had been lifted by hopes that the Bank of Japan might be ready to tighten policy. These may well have been premature
Continued disinflation at the current Fed funds rate means real interest rates may soon attract flows away from gold despite aggressive rate cuts. Silver, gold prices analysed
The SEC yesterday said that their X (formerly Twitter) account had been comprised after a false tweet was posted announcing that a raft of spot Bitcoin ETFs had been approved. The hotly awaited decision is expected today.
Outlook on FTSE 100, Nikkei 225 and S&P 500 ahead of key US inflation data.
The Australian dollar rose after the monthly CPI indicator revealed lower then expected inflation for November. However, services inflation remains a concern for the RBA