Monthly Archives: June 2023
41654156156Higher Chance For Rate Pause With Softer CPI
Written on June 14, 2023 at 5:45 am, by jonywang
Inflation came in lower-than-expected and versus the previous month, signalling a June pause on the Fed’s hiking cycle. The equity markets experienced gains, accompanied by a weakening of the dollar, following the release of the U.S. Consumer Price Index (CPI) yesterday. The U.S. CPI decreased to 4% from the previous month’s 4.9%, potentially influencing theContinue Reading
Markets Waiting For CPI To Gauge Fed’s Next Move
Written on June 13, 2023 at 6:06 am, by jonywang
The U.S. equity market witnessed a notable rally as investors expressed optimism about the possibility of the Federal Reserve pausing the rate hike The U.S. equity market witnessed a notable rally as investors expressed optimism about the possibility of the Federal Reserve pausing the rate hike, with the decision scheduled to be announced on Wednesday,Continue Reading
Market Sideways Ahead Of U.S. CPI
Written on June 12, 2023 at 5:57 am, by jonywang
Dollar movement remains muted as investors await inflation data as well as the upcoming FOMC meeting The upcoming week is expected to be quite busy for investors, as significant events are anticipated to have a profound impact on the market. The U.S. Consumer Price Index (CPI) will be released on Tuesday, setting the stage forContinue Reading
