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Us Cpi

All articles tagged with #us cpi

markets1 month ago•1 min saved

Gold Rebounds to $4,381 as Muted CPI Data Fuels Fed Rate Hike Bets

Spot gold recovered to $4,381 per ounce after US inflation data came in line with expectations, despite rising bets that the Federal Reserve will raise interest rates next week. While headline inflation rose 0.4% in August, core inflation ticked up slightly more than forecasted, creating uncertainty for policymakers. Analysts view the current price level as a buying opportunity, noting that gold remains resilient despite higher yields and a stronger dollar, though technical indicators suggest potential downside risk if rates continue to climb.

via kitco.com|

#federal-reserve #gold #inflation

markets7 months ago•162 min saved

Oil retreat fuels Asia stocks as Iran tensions linger

Asian stock markets extended gains as oil pulled back from earlier spikes amid ongoing Middle East tensions, with Japan’s Nikkei and Korea’s KOSPI leading gains while China and Hong Kong held near flat; investors remained cautious ahead of the US CPI data for signals on Fed policy. Oil had spiked earlier on supply-disruption fears tied to the Strait of Hormuz but retreated after comments suggesting the Iran conflict could end soon, as the IEA floated the largest-ever release of strategic oil reserves to calm markets.

via Investing.com|

#asia-stocks #inflation #iran-conflict

business10 months ago•2 min saved

Gold Steady Amid US Data, Eyes Weekly Gains

Gold prices slightly declined as US inflation data showed a softer-than-expected increase, reducing its appeal as an inflation hedge, though support from a higher unemployment rate limited losses. Silver retreated from record highs, while platinum and palladium reached multi-year highs due to strong demand and supply concerns.

via CNBC|

#business #gold #inflation

business1 year ago•1 min saved

Mixed Reactions as US-China Trade Truce Fails to Boost Investor Confidence

The US and China agreed on a framework to implement previously agreed tariffs, but the announcement has not generated much enthusiasm in Asian markets, with risk FX showing cautious activity amid ongoing tariff disputes and upcoming US CPI data. The US dollar is slightly stronger, and market sentiment remains cautious ahead of key economic indicators.

via Forexlive | Forex News, Technical Analysis & Trading Tools|

#business #market-reaction #tariffs

finance1 year ago•3 min saved

CPI Report Looms as Markets Eye Potential Rate Cuts and Inflation Impact

The upcoming US core CPI report on Wednesday poses a challenge for long positions in the bond market, with expectations of stable inflation figures potentially limiting bullish sentiment on Treasuries. Despite a year of decent returns, mutual funds are reducing long-dated securities ahead of year-end. Meanwhile, the European Central Bank is expected to cut rates, with markets pricing in further reductions into 2025, although long-term uncertainties remain. Near-term volatility in EUR rates has decreased, but geopolitical and economic factors could drive future rate movements.

via ING Think|

#ecb-rate-cuts #eur-volatility #finance

cryptocurrency2 years ago•1 min saved

Bitcoin Price Volatility: CPI, Inflation, and Whales' Response

Bitcoin and major altcoins are trading weak ahead of the U.S. CPI release, with Bitcoin falling below $69,000 and experiencing a 2.5% drop. Ether, Solana, Cardano, and Dogecoin also saw losses, while BNB Chain was the only token in the green. Analysts warn of potential volatility following the U.S. consumer price index release, but some believe that the bitcoin correction may be over as selling pressure from long-term wallets cools down and demand for spot bitcoin increases.

via CoinDesk|

#altcoins #bitcoin #cardano

finance2 years ago•1 min saved

"Market Uncertainty: Analyzing the Impact of March Inflation Data on Rate-Cut Expectations"

Bank of America anticipates a moderation in core CPI inflation for March, with a projected 0.2% month-on-month decrease, while the headline CPI is expected to slightly increase to 0.3% month-on-month. These outcomes could bolster the Federal Reserve's confidence and potentially pave the way for a rate cut in June, aligning with market predictions. However, a significantly stronger inflation report may pose risks to this outlook, potentially delaying the commencement of the rate-cutting cycle.

via ForexLive|

#bank-of-america #federal-reserve #finance

finance2 years ago•1 min saved

"February's Inflation Data and the Fed's Dilemma"

CIBC analyzes the February US CPI report, noting that while the data exceeded expectations, it does not warrant immediate concern about inflation. Core CPI rose by 0.4%, indicating persistent inflation pressures, particularly in core services and goods. This data diminishes the likelihood of immediate rate cuts by the Fed, but CIBC anticipates a potential shift towards easing policy in the latter half of the year, contingent on forthcoming economic data.

via ForexLive|

#cibc #federal-reserve #finance

financeeconomy2 years ago•1 min saved

"Surprise Spike: U.S. CPI Jumps to 3.2% in February Amid Persistent Inflation Pressures"

The U.S. Consumer Price Index unexpectedly rose to a 3.2% annual pace in February, slightly surpassing estimates, while the core rate, excluding food and energy costs, also increased to 3.8%. This data has led to a shift in market expectations for interest rate cuts, with the first anticipated cut now pushed out to the summer. Despite the hawkish change in monetary policy outlook, bitcoin saw a slight increase in price following the release of the CPI data, and traditional markets experienced modest selloffs in U.S. stock index futures and bonds, along with a slight rally in the dollar.

via CoinDesk|

#bitcoin #federal-reserve #financeeconomy

finance2 years ago•2 min saved

"Key Insights from the Weekly Market Outlook (11-15 March)"

This week's market outlook includes key events such as UK unemployment rate and average earnings, US CPI and PPI reports, US retail sales, jobless claims, and the PBoC MLF rate decision. Weak UK wage growth may prompt rate cut expectations, while US data could influence rate cut expectations. Additionally, the PBoC is expected to keep the MLF rate unchanged amidst better-than-expected Chinese inflation data.

via ForexLive|

#finance #market-outlook #pboc-mlf

finance2 years ago•3 min saved

"Investor Anticipation: US Dollar Volatility Ahead of CPI Report"

The US dollar traded cautiously ahead of the release of the January consumer price index statistics, with the market awaiting the potential impact on key financial assets. Gold prices lacked directional conviction, with resistance at $2,065 and support at $2,005. USD/JPY consolidated above support at 148.90, with resistance at 150.00 and a potential pullback towards 147.40. GBP/USD staged a moderate comeback, consolidating above the 1.2600 handle, with resistance at 1.2675 and support at 1.2565.

via DailyFX|

#finance #gbpusd #gold-prices

financeeconomics2 years ago•1 min saved

"Market Anticipation: US CPI Report and Its Impact on Stocks and the Dollar"

The upcoming US CPI report is expected to show a y/y reading of 2.9%, down from 3.4% in December, with core CPI slowing to 3.7% y/y from 3.9%. The market may focus on core CPI, and a 0.1 pp beat could impact US 10s and the dollar. The report will provide insight into the Fed's philosophical stance on inflation and interest rates, with the market currently pricing in a 71% chance of a rate cut on May 1, potentially stretching out until June.

via ForexLive|

#economic-indicators #financeeconomics #fomc

finance2 years ago•1 min saved

"Revised US CPI Shows Lower Inflation, Futures Edge Higher"

The US benchmark CPI for December has been revised to +0.2% from +0.3%, with the core six-month annualized CPI down to 3.0% from 3.3%, a key metric for the Federal Reserve. The US dollar initially decreased on the CPI revisions, reflecting relief that the revisions weren't higher. Federal Reserve Chair Powell emphasized the importance of these changes and highlighted the upcoming January CPI report and revisions for 2023, which are expected to show a drop in the year-on-year reading to 2.9% from 3.4%.

via ForexLive|

#economic-data #federal-reserve #finance

financeeconomics2 years ago•1 min saved

"Market Anticipation Builds for US CPI Data Revisions"

Goldman Sachs anticipates minor revisions to the US Consumer Price Index (CPI) for the second half of 2023, with historical trends suggesting adjustments reflecting the significant inflation slowdown over the year. The Bureau of Labor Statistics' annual revision process aims to recalculate seasonal factors, potentially leading to a slight upward adjustment in monthly core CPI inflation figures. Similar directional revisions are expected for core Personal Consumption Expenditures (PCE) inflation, with the data set to be released at 8:30 am US Eastern time.

via ForexLive|

#bls #federal-reserve #financeeconomics

financeeconomics2 years ago•1 min saved

"Market Anticipation: Preparing for US CPI Revisions and Their Impact"

Federal Reserve Chairman Jerome Powell is closely watching the scheduled revisions to the US Consumer Price Index (CPI) due next month, hoping they confirm the progress seen in inflation. The revisions, potentially changing the inflation picture for 2023, will be crucial for policy decisions. The upcoming January CPI report and revisions for 2023 are expected to impact interest rates, with a higher CPI potentially leading to higher rates for longer. Powell is particularly concerned about core services inflation and hopes for a downward revision, which would alleviate the Fed's worries.

via ForexLive|

#economic-data #federal-reserve #financeeconomics