US: CPI inflation pulse and Fed path – TD Securities - FXStreet
US: CPI inflation pulse and Fed path – TD Securities
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US: CPI inflation pulse and Fed path – TD Securities
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Join Telegram channelGold prices rose due to increased US-Iran tensions clouding the Strait of Hormuz.
Forthcoming CPI data may reignite inflation concerns, potentially leading to a short-term correction in the heated US stock market.
The CPI report for April is tomorrow. Here's a look further ahead.
Iran has executed 29-year-old aerospace engineer Erfan Shakourzadeh on Monday on espionage charges despite his protestations that authorities tortured him into giving a false confession.
Chinese car sales in China fell by 21.5% in April, driven by lower demand for gasoline-powered vehicles amid higher fuel prices. EV demand failed to offset the drop in internal combustion engine vehicle sales, as well.
Bitcoin is facing a critical macro test as signals from Fed leadership and upcoming inflation data converge.