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Live Coverage: CPI inflation set to shake Gold, stocks, US Dollar

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CPI News

Inflation

The US Consumer Price Index (CPI) is the No.1 market mover as the Federal Reserve remains focused on battling rising prices.

The US Consumer Price Index is the No.1 market mover as the Federal Reserve remains focused on battling rising prices. Economists expect an increase of 0.2% in core CPI MoM in June, a moderation that would enable rate cuts. Live coverage FXStreet Premiumsubscribers can participate in the coverage, ask analysts questions live, and lots more.

1% read would boost stocks and Gold, while weighing on the US Dollar. A hot 0.3% print would depress the precious metal and equities, lifting the Greenback. A 0.2% outcome is expected, and that would still be a positive development. It would reflect an annualized rise of roughly 2.5%, close to the Fed's 2% target. The YoY figure is still above 3%.

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