The last week, the miss in the US CPI report has led to a big US Dollar selling across the board as the market expected the Fed to be finished with rate hikes after the July meeting. The USD started to come back to life though as strong economic data suggested that the Fed may
The miss in the US NFP and CPI reports triggered a selloff in the US Dollar across the board. The market got increasingly confident that the July hike will be the last one for this cycle and what will follow are rate cuts sometime in early 2024. The recent beats in US economic data like
The miss in the US NFP and CPI reports triggered a broad USD selloff as the market expected the Fed to be done with rate hikes after the July FOMC meeting. In fact, the market has even started to bring forward rate cuts, although it looks premature due to a strong labour market and overall
The miss in the US CPI report triggered a heavy US Dollar selling across the board as the market started to see the end of the Fed tightening cycle. Moreover, the soft-landing narrative caused a strong positive risk sentiment in the markets as the labour market remains strong and the consumer sentiment keeps on rising.
The miss in the US CPI report last week has led to a broad US Dollar weakness as the market anticipated one last hike at the July FOMC meeting. The falling inflation with a resilient labour market have also strengthened the soft-landing narrative and caused a positive risk sentiment in the markets. This week though
Last week the US CPI report missed across the board and led to a strong rally in GBPUSD as the market priced out the more hawkish path for the Fed and now expects the July hike to be the last one. The resilient labour market, the rising consumer sentiment and the better than expected Retail
The miss in the US CPI report last week triggered a heave US Dollar selling across the board. The market started to price out the more hawkish expectations and now sees the July hike as the last one for this cycle. Moreover, the resilient labour market and the rising consumer sentiment point to a soft-landing
The soft-landing narrative is dominating the sentiment in the markets and it’s a big tailwind for the S&P 500. The big miss in the US CPI report last week triggered strong moves across the board with some FOMO kicking in. The US labour market remains strong, and the consumer sentiment jumped to new highs as
The positive risk sentiment supported by the soft-landing narrative gave the Dow Jones a tailwind to climb to new highs. The miss in the US CPI report coupled with the strong labour market data, as confirmed again last Thursday with the US Jobless Claims, and the improving consumer sentiment, as shown by the University of