Investing.com – The inflation data that markets have been anticipating for days is now out, with most coming in as expected, with the exception of core CPI (excluding food and energy).
The importance of the data just released is that it is revealing regarding pricing.
The February index rose by 6%, according to expectations, after recording 6.4% in January.
Ali increased by 0.4% in February, according to expectations, after rising by only 0.5% in the January data.
As for (excluding food and energy), on an annual basis, it increased by 5.5%, according to expectations, after it recorded 5.6% in January, and rose by 0.5%, contrary to expectations, which suggested its rise by only 0.4%, after it recorded an increase of 0.4% in January. January.
Before the most important Fed meeting, how will gold, the dollar and treasury bonds interact in light of the flow of data.. What is the golden opportunity before this?
The trusted analyst, Ghaith Abu Hilal, provides you with technical analysis of market drivers, a simplified explanation of all events, and readings on inflation data and the Fed’s reaction.
The symposium will take place tomorrow night after the inflation data is released, and all you have to do is register to attend for free from here:
Gold and the dollar now
It recorded a US dollar during the current moments, to levels near $ 1908 an ounce, down by 0.30%.
On the other hand, futures contracts for the yellow metal declined during these moments of today’s trading, equivalent to 0.2%, down to levels near $ 1913 an ounce.
Interact now with the inflation data just released, as it squandered all its daily gains and now records 103.2 levels.
