Traded ValueThanks for sharing, very useful.
Important reminder: US CPI tonight
The US will release its January CPI inflation data at 9:30 PM tonight. The market has given a very optimistic forecast of 2.5%. If it can really reach this number, it would still be a significant positive for the market.
Because the strong non-farm payrolls data the day before yesterday, the market has already pushed back the expectation of an interest rate cut to July. If tonight's data is good, there is still hope to see a rate cut in June, or even in April.
Alright, hope CPI can save the terrible market.
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