#CPIWatch Stay tuned tomorrow for one of the most important economic reports of the month!
Global markets will turn their attention tomorrow, Wednesday, to the release of U.S. inflation data—the Consumer Price Index (CPI) for September—which will shape the Federal Reserve’s next move.
Key current annual forecasts:
Headline inflation: forecast 3.6%, previous (34)
Driven by energy prices.
Core inflation: forecast 2.5 (the most important figure for the Fed, as it excludes volatility in energy and food prices).
What should you watch?
1+ StoneX X
If the figures come in higher than expected, we could see pressure on stocks and cryptocurrencies, and strength in the dollar. But if the reading is lower than expected or in line with expectations, we may breathe a sigh of relief and see a market rebound.
Markets are currently in a state of anticipation and sideways volatility, and tomorrow’s data will be the main catalyst for the next breakout.
CPIWatch #Inflationrate #Crypto #Stocks# Macro Economy# #الفيدرالي #التضخم
Global markets will turn their attention tomorrow, Wednesday, to the release of U.S. inflation data—the Consumer Price Index (CPI) for September—which will shape the Federal Reserve’s next move.
Key current annual forecasts:
Headline inflation: forecast 3.6%, previous (34)
Driven by energy prices.
Core inflation: forecast 2.5 (the most important figure for the Fed, as it excludes volatility in energy and food prices).
What should you watch?
1+ StoneX X
If the figures come in higher than expected, we could see pressure on stocks and cryptocurrencies, and strength in the dollar. But if the reading is lower than expected or in line with expectations, we may breathe a sigh of relief and see a market rebound.
Markets are currently in a state of anticipation and sideways volatility, and tomorrow’s data will be the main catalyst for the next breakout.
CPIWatch #Inflationrate #Crypto #Stocks# Macro Economy# #الفيدرالي #التضخم