Today is the Consumer Price Index numbers release.
Consensus sits at 8% Inflation rate, while the previous month's number was at 8.2%.
Many are forecasting for a 8.1% CPI number coming out.
Feds have been expecting to bring inflation down via their instrument of interest rates by raising them at 4%, however, thus far, no success was found there for Feds in terms of bringing down inflation, let alone their 2% inflation target that for now, seems far-fetched target.
While in this world of speculation we live in and nothing is for certain, it is best for traders to
wait over CPI's release taking the risk off and trading cautiously .
I would not suggest for any one to trade the news and it's volatility , but if you do so,
please take measures on any occurring scenarios over CPI's number release.
Very important day for everyone who is involved on Financial Markets.
Very important day for Macro-Economics Data and overall Inflation around the World.
What do you think it will happen with 2% Inflation target Feds got in place ?
TRADE SAFE
Note that this is not Financial Advice .
Please do your own research or consult your Financial Advisor before partaking on any trading activities based soly
on this idea
Consensus sits at 8% Inflation rate, while the previous month's number was at 8.2%.
Many are forecasting for a 8.1% CPI number coming out.
Feds have been expecting to bring inflation down via their instrument of interest rates by raising them at 4%, however, thus far, no success was found there for Feds in terms of bringing down inflation, let alone their 2% inflation target that for now, seems far-fetched target.
While in this world of speculation we live in and nothing is for certain, it is best for traders to
wait over CPI's release taking the risk off and trading cautiously .
I would not suggest for any one to trade the news and it's volatility , but if you do so,
please take measures on any occurring scenarios over CPI's number release.
Very important day for everyone who is involved on Financial Markets.
Very important day for Macro-Economics Data and overall Inflation around the World.
What do you think it will happen with 2% Inflation target Feds got in place ?
TRADE SAFE
Note that this is not Financial Advice .
Please do your own research or consult your Financial Advisor before partaking on any trading activities based soly
on this idea
Note
Pre CPI #
Note
Post CPI #
Has Inflation peaked ?
Note
Tomorrow is a very important day for the fate of Financial Markets and Macro
2008 Banking Saga has just started ?
IF THERE IS ANY TIME FOR
BITCOIN'S DECOUPLE, HERE IT IS.Note
CPI # at 6%4% away from Fed's target of 2% ,
considered 'normal'
Note
US CPI declined to 4.9 % in April vs 5 % expected .
Below 5.0 % YoY in March
Food at Home still at 7 % and expensive
Note
CPI # at the lowest its been in two years.May /2023 4 %
Note
June CPI # at 3 %
1 % away from Feds Target Norm
Note
Next (July's) CPI # release scheduled on August 10
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.