US CPI rises 0.3% mom in January, above expectation of 0.2% mom. CPI core (all items less food and energy) rise 0.4% mom, above expectation of 0.3% mom. Index for shelter rose 0.6% mom, contributing over two thirds of the monthly all item increase. Food index rose 0.4% mom while energy index fell -0.9% mom. […]
The post US CPI slows to 3.1% yoy in Jan, but core CPI unchanged at 3.9% yoy appeared first on Action Forex.
Gold prices stabilised around 4,830 USD per ounce on Thursday following a sixth consecutive decline, marking the longest losing streak since late 2024. The market remains under pressure from the Federal Reserve’s hawkish stance, which Read more…
Key takeaways Medium-term downtrend confirmed: Gold (XAU/USD) broke below the $4,960 key support (50-day MA) with a sharp sell-off, invalidating the prior rally as a “dead cat bounce” and signalling the start of a multi-week Read more…
The S&P 500 (SPX) continues to correct the cycle that began from the April 7, 2025 low. The internal subdivision of this correction is unfolding as a double three Elliott Wave structure, which reflects a Read more…