Global markets go nowhere despite US inflation surprise
01/12/24 • 4 min
US inflation surprises to the upside, but markets shrug it off. Dollar and
stocks close unchanged as Fed narrative remains intact. Oil and gold spike
higher as US and UK launch airstrikes on Yemen.
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In-depth forex news analysis on all major currencies, such as EUR/USD, USD/JPY, GBP/USD, USD/CHF, USD/CAD, AUD/USD.
US inflation surprises to the upside, but markets shrug it off. Dollar and
stocks close unchanged as Fed narrative remains intact. Oil and gold spike
higher as US and UK launch airstrikes on Yemen.
Risk Warning: Our services involve a significant risk and can result in the loss of your invested capital. *T&Cs apply.
Please consider our Risk Disclosure: https://www.xm.com/goto/risk/en
Risk warning is correct at the time of publication and may change. Please check our Risk Disclosure for an up to date risk warning
Receive your daily market and forex news analysis directly from experienced forex and market news analysts! Tune in here to stay updated on a daily basis: https://www.xm.com/weekly-forex-review-and-outlook
In-depth forex news analysis on all major currencies, such as EUR/USD, USD/JPY, GBP/USD, USD/CHF, USD/CAD, AUD/USD.
Previous Episode
Week Ahead: China GDP and December CPI reports eyed amid rate cut frenzy
China reports Q4 GDP data on Wednesday; is a rebound in store? CPI numbers due in UK, Japan and Canada. Retail sales to be the main focus in the US.
Risk Warning: Our services involve a significant risk and can result in the loss of your invested capital. *T&Cs apply.
Please consider our Risk Disclosure: https://www.xm.com/goto/risk/en
Risk warning is correct at the time of publication and may change. Please check our Risk Disclosure for an up to date risk warning
Receive your daily market and forex news analysis directly from experienced forex and market news analysts! Tune in here to stay updated on a daily basis: https://www.xm.com/weekly-forex-review-and-outlook
In-depth forex news analysis on all major currencies, such as EUR/USD, USD/JPY, GBP/USD, USD/CHF, USD/CAD, AUD/USD.
Next Episode
Rate cut bets surge again but dollar goes sideways, stocks muted
Fed rate cut expectations go into overdrive after soft US producer prices. Bond yields slip, but dollar little changed and mixed earnings weigh on stocks. Focus shifts to Chinese growth and global inflation trends this week.
Risk Warning: Our services involve a significant risk and can result in the loss of your invested capital. *T&Cs apply.
Please consider our Risk Disclosure: https://www.xm.com/goto/risk/en
Risk warning is correct at the time of publication and may change. Please check our Risk Disclosure for an up to date risk warning
Receive your daily market and forex news analysis directly from experienced forex and market news analysts! Tune in here to stay updated on a daily basis: https://www.xm.com/weekly-forex-review-and-outlook
In-depth forex news analysis on all major currencies, such as EUR/USD, USD/JPY, GBP/USD, USD/CHF, USD/CAD, AUD/USD.
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