Tag: CPI

S&P 500, Dow Jones, Nasdaq Directional Fate Tied to CPI After NFP Selloff

S&P 500, Dow Jones, Nasdaq-100 Fundamental Forecast: NeutralMajor US stock indexes cratered on Friday after the non-farm payrolls jobs reportRate traders see a near-100% chance that the FOMC will hike 75-bps next monthThe...

Week Ahead Preview: FOMC minutes, US CPI, G20 finmins/cbank chiefs

MON: Norwegian CPI (Sep); EZ Sentix Index (Aug); Japan Holiday.TUE: UK Jobs Report (Sep).WED: G20 Meeting (1/2); BoK Announcement; UK GDP (Aug); US PPI (Sep); FOMC Minutes (Sep); EIA STEO; Hong Kong Holiday.THU: G20 Meeting...

Nasdaq decline nears 4% as focus shifts to next week’s CPI report

The selling in equities today is utterly merciless.The combination of stridently-hawkish talk from Fed officials this week and a decently-strong non-farm payrolls report today has led to an abandonment of the 'Fed pivot'...

Ireland’s central bank raises 2023 CPI projections, lowers GDP forecast

The Central Bank of Ireland quarterly bulletin, info via Reuters. its forecast for its preferred economic growth measure is 2.3% next year (from 4.2%)inflation forecast for next year 6.3% (versus 4.2% previously)inflation forecast...

BOJ official says firms’ CPI estimates for the coming 5 years have hit 2%, 1st time ever

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable...

Crypto Plummets As CPI Worsens, Any Chance For Reversal?

Crypto prices have maintained a...

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