Monthly Archives: February 2025
Soft CPI Reading Boosts Wall Street
Written on February 3, 2025 at 4:34 am, by
Market Summary The U.S. CPI reading released yesterday came in below market expectations, reigniting speculation of continued Federal Reserve rate cuts in 2025. As a result, the dollar fluctuated but remained near its recent lows. However, with President-elect Donald Trump’s inauguration approaching, this event could potentially strengthen the dollar in the coming sessions. Meanwhile, theContinue Reading
All Eye on U.S. CPI Today
Written on February 3, 2025 at 4:32 am, by
Market Summary The market remains steady as traders await the release of the highly anticipated U.S. CPI data today, a crucial gauge for inflation trends and potential monetary policy moves. Recent U.S. economic indicators suggest that the Federal Reserve may keep interest rates unchanged through the first quarter of 2025, making today’s CPI reading pivotalContinue Reading
Gold Dive as Middle East Ceasefire Deal Breakthrough
Written on February 3, 2025 at 4:32 am, by
Market Summary As President-elect Donald Trump’s inauguration approaches, the market is keenly monitoring developments tied to his proposed policies, leading to notable market reactions. The U.S. dollar underwent a technical correction yesterday, driven by sentiment that the robust U.S. economy does not necessitate Trump’s aggressive protectionist measures. This perceived policy moderation allowed Wall Street toContinue Reading
