CPI

To gain an edge, this is what you need to know today. Hotter Core CPI Please click here for an enlarged chart of SPDR S&P 500 ETF Trust (NYSE:SPY) which represents the benchmark stock market index S&P 500 (SPX). Note the following: The chart shows a slight pullback in the stock market...

U.S. inflation in August hit its lowest annual rate since February 2021 at 2.5%, falling from 2.9% in July and below the expected 2.6%, yet the underlying story tells a more complicated tale. Stripping out volatile food and energy prices, core inflation pressures remain stubborn at 3.2% as shelter...

Editor’s note: This story has been updated with additional details. The U.S. annual inflation rate in August fell to its lowest point since February 2021, signaling a further easing of pressure on the cost of goods and services for U.S. consumers. The Consumer Price Index (CPI) saw a cooler-...

To gain an edge, this is what you need to know today. Major Negative Pattern Developing Please click here for an enlarged chart of VanEck Semiconductor ETF (NASDAQ:SMH). Note the following: A large number of stocks benefiting from artificial intelligence are semiconductor stocks.  Examples...

The Disinflation Issue The big news this week was the lower-than-expected CPI and PPI figures for July. While expectations for a September 50bp (0.5%) rate cut by the Fed changes on a daily basis, DKI agrees with current consensus that we’ll see a 25bp cut next month. We believe that’s...

Recent economic data has eased the recession fears that loomed earlier in August, diminishing the likelihood of large rate cuts by the Federal Reserve and boosting investor confidence in risk assets. The S&P 500 and Nasdaq 100 indices saw their strongest week since late October 2023 as of...

Renowned economist and vocal Bitcoin (CRYPTO: BTC) critic Peter Schiff has denounced the July Consumer Price Index as a “fraud” and has made a bold prediction about the potential consequences of a September Federal Reserve rate cut. What Happened: Schiff took to X to express his...

The latest inflation figures have set the stage for a potential shift in monetary policy, with experts suggesting this could herald a bullish period for cryptocurrencies. What Happened: As the Federal Reserve contemplates interest rate cuts, financial analysts are pointing to a changing economic...

The July consumer inflation report released Wednesday confirmed a continued cooling trend in price increases across the economy, with the headline Consumer Price Index (CPI) coming in at 2.9% year-over-year, slightly below both the previous and expected 3%. Core inflation, which excludes food and...

The July consumer inflation data released Wednesday suggests the Federal Reserve may not cut rates as deeply as expected in September, one CIO said in the wake of the Consumer Price Index report. “In a not-so-subtle shift, the market has moved from worrying about inflation to worrying about...

Today, we got the July Consumer Price Index (CPI) report which showed an overall increase of 2.9% for the last year and 0.2% for the month. That’s below last month’s 3.0% and expectations of 3.0%. The 0.2% monthly increase was in line with the 0.2% expected, and a bigger increase vs...

By RoboForex Analytical Department USD/JPY has retreated from its peak this week, settling at 146.82. The yen gained some strength as the US dollar weakened following July's lacklustre US Producer Price Index (PPI) data. This report bolstered market expectations for a potential 50 basis point...

The July Consumer Price Inflation report made another step toward the Federal Reserve’s 2% target, though less pronounced than June’s, sustaining optimism for imminent interest rate cuts. Last month, a basket of goods and services purchased by U.S. consumers rose by 2.9% year-over-year...

The Consumer Price Index (CPI) saw a cooler-than-anticipated annual headline print in July, continuing the disinflationary trend and supporting market hopes for large interest rate cuts by the Federal Reserve. In July, the average price increase for a basket of goods and services tracked by...

Bitcoin (CRYPTO: BTC) spiked in early Thursday trading on positive macroeconomic data and strong ETF inflows before falling back below $58,000. What Happened: U.S. inflation turned negative in June, with the Consumer Price Index (CPI) reporting a negative 0.1% rate for June, against forecasts of a...