The U.S. dollar edged modestly higher after U.S. inflation topped estimates, but the data may not be enough to alter the risks around the Fed’s policy outlook on a sustained basis. Read More
Euro Area GDP met initial expectations of q/q growth of 0.1% and y/y growth of 1.9%, leaving the Euro little changed. Up next, the latest look at US inflation. Read More
Gold prices sold off in the wake of better-than-expected US data and the emergence of a bear flag suggests that selling may continue. US CPI up next Read More
The UK labor market displayed resilience despite a worsening economic outlook. Wage growth likely to remain a concern for the Bank of England in its fight to tame inflation. Read More
Gold prices extended losses on Monday heading into a hotly anticipated US CPI report. Will a softer inflation surprise reverse the yellow metal’s recent misfortune? Read More
The January US inflation report will help guide the Fed’s path. The FOMC’s tightening trajectory, in turn, may offer clues on EUR/USD, gold prices and Nasdaq 100’s short-term directional bias. Read More
Congestion is a common affliction across the financial markets, but expectations for a CPI volatility punch is high. For crude oil’s and USDCAD’s broad ranges, how much potential is there for this top-level event to force a breakout? Read More
Two of the largest representatives of market health – the Dow and the Dollar – are facing both technical resistance and the potential of volatility from the impending US CPI release Tuesday. Does this event have the capacity to drive these markets through their technical boundaries? Read More
U.S. inflation expectations were little changed in January according to a New York Fed survey, but the data was largely ignored as traders await the latest CPI report to be released on Tuesday. Read More