So how did US's inflation report fare on Thursday 12th of January and how will this take the by the hand?
For now, t's still moving down but not as sharp as it's been climbing.
A YoY decrease of 0.6% in CPI and a YoY decrease of 0.3% in Core CPI.
However, if we look at the MoM data, it's barely moving down to the point that core inflation has even moved up!...
It looks like the bullish sentiment is back in the markets baby! However bad the past year was, the big dawgs don’t seem to care.
Could it be the reopening of China and the outlook of new capital inflows? Is it inflation that's cooling off, while economic conditions are loosening?
What lurks underneath is far more interesting. As we know by now, a reopening...
![DXY: Tactical Retreat from USD, Might Spell DOOM & GLOOM [Short]](https://s3.tradingview.com/9/9qVrnxrh_mid.png "Tactical Retreat from USD, Might Spell DOOM & GLOOM [Short]")
