Monthly Archives: August 2023
CPI Falls Short Of Market Consensus, Dollar Stands Pat
Written on August 11, 2023 at 6:38 am, by lishitong
The U.S. Consumer Price Index (CPI) was unveiled in the previous night’s session, yielding a mixed outcome. The U.S. Consumer Price Index (CPI) was unveiled in the previous night’s session, yielding a mixed outcome. While the reading showed an increase compared to the earlier figures, indicating a rise in inflation, it fell short of theContinue Reading
Decline in UK CPI Signals Rate Hikes Efficacy
Written on August 11, 2023 at 3:20 am, by lishitong
The Week Ahead: Week of 14 August (GMT+3) Tuesday, 15 August, 15:30 – US Retail Sales (MoM) (Jul) In May, US Retail Sales showed a 0.2% increase on a monthly basis, falling short of the anticipated 0.5%. Nevertheless, there’s a silver lining as May’s figures were revised upwards from 0.3% to 0.5%, hinting at resilientContinue Reading
All Eyes On U.S. CPI
Written on August 10, 2023 at 6:46 am, by lishitong
As the anticipation builds for releasing the Consumer Price Index (CPI) today, the U.S. equity markets maintain their downward trajectory. As the anticipation builds for releasing the Consumer Price Index (CPI) today, the U.S. equity markets maintain their downward trajectory. The market speculation is rife, with expectations suggesting a modest uptick in U.S. CPI figuresContinue Reading
