Energies
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Recent Posts by Designer
Dollar starts a slow week; and Sterling heads downwards
The U.S. dollar started a slow-paced week as the dollar index traded slightly below 113 during the Asian session. However, this week is expected to be calm with the absence of major news. On the other hand, the Sterling pound is heading downwards on the conflicted tons from Britain’s prime minister Liz Truss. However, theContinue Reading
U.S. Inflation hit hard, and Fed hikes might accelerate
The Consumer Price Index for All Urban Consumers (CPI-U) rose 0.4% in September on a seasonally adjusted basis after rising 0.1% in August, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, all items index increased 8.2% before seasonal adjustment. Rising U.S. interest rates, following hotter-than-expected inflation in September, are alsoContinue Reading
The Day of the U.S. inflation data
Consumer price inflation, the more closely-watched inflation indicator today, is expected to show inflation remained near the 40-year highs it recorded last month. U.S. Dollar Index (USDX) U.S. inflation data for September is also a key point of focus for metal markets this week. Producer price inflation data is due later on Wednesday and isContinue Reading
Financial Market Await the U.S. CPI data
This material provides real-time market analysis from contributing analysts. Please note that any views expressed in this material do not constitute operational advice. It is important to assess your risk tolerance and make independent trading decisions. STARTRADER holds no responsibility for any trading consequences that may arise from relying on the views expressed in thisContinue Reading
Markets await the U.S. CPI data tomorrow
Consumer price inflation, the more closely-watched inflation gauge, is due on Thursday and is expected to show inflation remained pinned near 40-year highs last month. However, weakening risk appetite pushed investors to the greenback, with the dollar largely overtaking the title of Safe-Haven. U.S. Dollar Index (USDX) U.S. inflation data for September is also aContinue Reading
