About: anakin
Recent Posts by anakin
Fed expected to raise 50 bps after US inflation slower
US Dollar falls due to the lower-than-expected CPI which is 7.1%, and the Consumer Price Index in November of 0.1% below the 0.3% of market consensus, which is another moderation in monthly core CPI helps to reaffirm that the USD peak is here ($105.00). The Fed is widely expected to hike the funds’ rate byContinue Reading
US inflation causes cautious market sentiment
After the DXY snaps a two-day recovery, US Dollar fails to break the resistance of 105.00 and bounced back. DXY portrays the market’s cautious mood ahead of the United States’ key inflation numbers for November, the Consumer Price Index which is going to be released on Tuesday, since the inaction of DXY could be linkedContinue Reading
Week ahead: All eyes on CPI data from US and UK, and Fed interest rate decision
The upcoming financial week will be filled with economic data and speculation, as inflation and interest rate decisions will be announced by most central banks. The CPI inflation figures in the US are expected to rise by 0.3% in November, which might signify another slowdown in inflation. The financial markets will pay close attention toContinue Reading
Market awaits US CPI data for this week
The DXY and the US equity market moved in an inverse correlation, the U.S. Michigan Consumer Sentiment and PPI released last Friday both showed a positive future for the U.S. Dollar, the greenback had little bounce that raised 0.11%, sits at $104.932, moreover, the December CPI report scheduled to release on Tuesday, might lead toContinue Reading
Market awaits US PPI data
U.S. equities bounced back as the Initial Jobless Claims showed higher than the previous number, which is a sign that the inflationary pressures are still around, and the Fed may keep rates higher. On Friday, the data releases include producer prices and the University of Michigan’s consumer sentiment reading will be the turning point forContinue Reading
