US CPI had better ease [Video]

Ipek Ozkardeskaya Swissquote Bank Ltd

The S&P500 hit its 44th record this year on Wednesday and the US dollar index pushed into the medium-term bullish consolidation zone. The Chinese CSI 300 rebounded on details about liquidity tools designed to facilitate institutional share purchases and on hope that the Saturday briefing from the government would give investors what they want: SOLID FISCAL STIMULUS.

Market sentiment isn’t bad; copper, iron ore and US crude are better bid today.

Today will bring the latest CPI update to investors’ attention. The Federal Reserve (Fed) members may have shifted their focus from inflation to jobs. But stickiness in US core inflation could get the market question the Fed’s relaxed stance regarding its dovish ambitions!

Author

Ipek Ozkardeskaya

Swissquote Bank Ltd

Ipek Ozkardeskaya began her financial career in 2010 in the structured products desk of the Swiss Banque Cantonale Vaudoise. She worked in HSBC Private Bank in Geneva in relation to high and ultra-high-net-worth clients.

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