There was a time when a calmer CPI would lead to a broad, sustained rally in risk assets but after a brief pop in S&P 500 futures, they're right back to where they were before the report.
Bonds and FX similarly moved and then unwound.
I think the market is focused on tariffs at the moment rather than inflation. Europe placing retaliatory tariffs following the US steel/aluminum tariffs have markets worried about escalation.
This article was written by Adam Button at www.forexlive.com.Hence then, the article about market moves on the cpi report quickly faded was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details
Finally We wish PressBee provided you with enough information of ( Market moves on the CPI report quickly faded )
Also on site :
- Mandy Moore on Hilary Duff’s Musical Comeback and Playing an ‘Absolute Bitch’ in Dan Fogelman’s NFL Family Drama ‘The Land’: It’s ‘”Friday Night Lights” and “Succession” All Rolled Into One’
- New York gallery sues Alaska Airlines for allegedly ruining half a million dollars in Japanese artwork
- After hitting oil tankers, Iran targets Navy warships and U.S. retaliates with ‘higher economic cost’ in new escalation that could transform the war