The slowdown in the US CPI growth has caused a stir in the market, and the ripples are spreading today
Yesterday’s lower-than-expected growth in the US consumer price index triggered a strong dollar-selling reaction. The year-on-year growth in both headline (overall) and core sales was lower than expected, amplifying the market reaction. The dollar/yen fell sharply from around 146 yen to the 140 yen level at one point, a range of about 6 yen. Euro-dollar […]
Today’s attention is focused on the US consumer price index, does the headline and core direction match?
The US consumer price index for October will be announced today. The headline inflation is expected to be about +7.9% from the previous year, which is attracting attention as something that will have a major impact on the direction of future US monetary policy, and is expected to decline from the previous +8.2%. After peaking […]
The focus is on the US consumer price index, but before that, the US midterm elections
This week, the market’s attention is focused on the US consumer price index on the 10th. There are also speculations about the slowdown in the pace of US interest rate hikes and the timing of future rate cuts. On the other hand, raising the terminal rate is also a hot topic. Amid mixed strengths and […]
Weekend started quietly, this week the US CPI on the 10th is the focus
The beginning of the week has started quietly. Last weekend’s U.S. jobs report showed a higher-than-expected increase in employment, while the unemployment rate rose more than expected. However, there was also an impression that the firmness of the employment market had weakened somewhat. The stock market remained strong, and there was a history of […]