US CPI - Dow Jones 30 Will break Out

9 июн. 2022 г.

US CPI is going to set the tone for US markets and the USD for the rest of the month ahead of the next FED meeting.

A high inflation number will encourage the bond traders to push FED rate hike expectations higher and higher. US stocks would likely fall further under these conditions.

A weaker inflation number 5.9% y/y is forecast and this may be enough to see Dow Jones Break out topside.

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