Market news
12.01.2023, 08:12

US CPI could entail notable USD fluctuations in an unsettled market – Commerzbank

The wait is over! Today the US inflation data for December will be published. The Dollar could see notable fluctuations in an unsettled market, according to economists at Commerzbank.

Future inflation developments seem uncertain

“It is quite possible that in case of the data remaining within the framework of the expectations or slightly below, everyone will feel confirmed in their view: The market sees the scenario of falling interest rates in the second half to be confirmed and trades the Dollar generally lower. The Fed acknowledges a fall in the rate of inflation but does not see this as a reason to consider the inflation pressure to really be falling on a sustainable basis and remains cautious.”

“However, there is another possibility; and that is that inflation will continue to be a black box. The reasonably stable development of market expectations might therefore disguise the high underlying uncertainty about the future inflation outlook.”

“Hard facts such as today’s inflation data always entail the hope that significant insight might be gained – and thus the risk of more notable fluctuations in market expectations and the Dollar in an unsettled market.”

See – US CPI Preview: Forecasts from 10 major banks, price pressures to ease further

© 2000-2024. All rights reserved.

This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).

The information on this website is for informational purposes only and does not constitute any investment advice.

The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.

AML Website Summary

Risk Disclosure

Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.

Privacy Policy

Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.

Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.

Bank
transfers
Feedback
Live Chat E-mail
Up
Choose your language / location