The CPI trade: What JPMorgan sees the market doing, based on these scenarios

Investors this week will turn their attention to the latest consumer price index report, as fears that the Federal Reserve will have to keep raising rates weigh on sentiment. CPI is expected to to have risen by 3.1% in June from the year-earlier period. Excluding food and energy, they forecast a 5% advance.

"We could see rate hike expectations for July fall; in our view if you saw those expectations fall under 45% then we may see the Fed capitulate and do another 'hawkish skip' since we would have seen inflation largely normalize before feeling the full effects of the tightening cycle," JPMorgan's trading desk said. 15% probability — CPI between 3.3% and 3.

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

Earnings playbook: JPMorgan Chase and Delta Air Lines kick off the seasonExpectations for this earnings season are downbeat, with analysts forecasting a roughly 7% year-over-year drop, FactSet data shows.
Источник: CNBC - 🏆 12. / 72 Прочитайте больше »

JPMorgan reveals its 'pecking order' for the second half including these high-yielding global stocksJPMorgan named a raft of European stocks it described as having high yields, strong balance sheets and safe dividends.
Источник: CNBC - 🏆 12. / 72 Прочитайте больше »

Forex Today: Stocks Slip on Chinese Inflation DataChinese CPI at Zero; Stock Markets Lower; Yen, Aussie Weaken; USD/JPY Rising Again
Источник: Daily_Forex - 🏆 567. / 51 Прочитайте больше »