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The US inflation report had a moderately favorable outcome for the market. Both overall and core inflation figures came in below expectations, slightly alleviating market tension linked to the risk of another rate hike by the Federal Reserve (Fed). Overall inflation eased from 3.3% to 3.2%, but more importantly, core inflation retreated by 0.1% to […]
US CPI On Deck Today’s the day. After a slow week of summer trading conditions, the market prepares to receive the latest round of US inflation data. Given that expectations are a little more mixed ahead of the September FOMC, there Is plenty riding on today’s data and, as such, volatility risks are high. On […]
Daily Market Outlook, August 10, 2023 Munnelly’s Market Commentary… Asian equity markets posted mixed performance, as the local markets mostly remained range bound. A flurry of earnings releases influenced the atmosphere, while caution prevailed ahead of forthcoming US inflation data. Additionally, market participants deliberated on US initiatives to limit investments in select Chinese tech companies. […]
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