Article written by IG Senior Market Analyst Axel RudolphFTSE 100, DAX 40, and S&P 500 Evaluation, Costs, and ChartsFTSE 100 drops on higher-then-expected CPIThe FTSE 100 has been declining since Friday’s five-week excessive...
US CPI KEY POINTS:
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US headline inflation YoY in Could declined to 4% beating estimates round...
The Fed significantly erred in 2021, focusing an excessive amount of on provide and never sufficient on demand.
The Fed can sluggish velocity however requires job losses and/or eroding shopper confidence.
Forecasting the cash provide...
RAND ANALYSIS & TALKING POINTSWill the SARB be compelled into one other charge hike?Federal Reserve path ahead might be essential for SARB and ZAR.Native financial woes endure.Uncertainty indicative of rangebound ZAR short-term.
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