US CPI rose 0.2% mom in October while core CPI (ex food and energy) rose 0.3% mom, matched expectations. The index for shelter rose 0.4 mom, accounting for over half of the monthly all items increase. Food index increased 0.2% mom. Energy index was unchanged. Over the last 12 months, CPI accelerated from 2.4% yoy […]
The post US CPI rises to 2.6% yoy in Oct, core CPI unchanged at 3.3% yoy appeared first on Action Forex.
The rally in Bitcoin, meme coins, and the US dollar that followed Donald Trump’s presidential victory continues to gain momentum. The tariff cuts announced by the new president-elect have already contributed to declines in gold Read more…
The ATR indicator on the S&P 500’s 4-hour chart (US SPX 500 mini on FXOpen) currently shows a reduction in price volatility. This drop in volatility can likely be attributed to: → The market having Read more…
Markets US October inflation figures printed bang in line with expectations. Headline inflation picked up to 2.6% and core inflation matched September’s 3.3% with clear signs of price stickiness in housing-related costs (0.4% m/m) and Read more…