Monthly Archives: April 2024
All Eye on the U.S. CPI
Written on April 19, 2024 at 6:28 am, by
Market Summary Market participants are keenly awaiting the U.S. Consumer Price Index (CPI) data set for release today, a crucial determinant of the Federal Reserve’s forthcoming monetary policy direction. In the lead-up, the Dollar Index (DXY) has experienced a downturn, struggling to stay above the critical 104.00 threshold. Concurrently, a decline in U.S. long-term treasuryContinue Reading
Gold Prices At All-Time High Ahead Of CPI
Written on April 19, 2024 at 6:27 am, by
Market Summary As the financial markets brace for the forthcoming U.S. Consumer Price Index (CPI) announcement on Wednesday, U.S. equities presented a subdued performance, while the dollar index witnessed a modest decline. The anticipation surrounding the Federal Reserve’s rate-cutting measures has been significantly adjusted, with expectations now set at a 60 basis points reduction forContinue Reading
Gold Prices At All-Time High Ahead Of CPI
Written on April 19, 2024 at 6:27 am, by
Market Summary As the financial markets brace for the forthcoming U.S. Consumer Price Index (CPI) announcement on Wednesday, U.S. equities presented a subdued performance, while the dollar index witnessed a modest decline. The anticipation surrounding the Federal Reserve’s rate-cutting measures has been significantly adjusted, with expectations now set at a 60 basis points reduction forContinue Reading
