Posted May 12, 12:49

Fed Sings Chorus but CPI Could Upend

Fed Sings Chorus but CPI Could Upend Chart
13 minutes ago: 

The harmony of message between the 8 Fed officials who spoke on Tuesday was remarkable in its consistency, even as pressure mounts. GBP was the top performer while the CHF lagged.  US CPI is due up next, expected +0.2% m/m from 0.6%,  but the big figure is the y/y number expected 3.6% from 2.6%.  The big debate is whether a higher than expected figure will give USD a lasting lift, given the Fed's increased focus on jobs

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PREMIUM INSIGHTS Update: May 4, 15:01
Inflation Alert, NFP Rethink, GBP Resists May 11, 2021 19:40: 

The Tech wreck made way for the DOW to join the selloff, after reusrging inflation signs lifted yields at the expense of NASDAQ and bond prices (higher yields). But yesterday's pro-cyclicals rotation died down, dragging DOW30 and SPX by 1.5% and 0.9% respectively, while USD lost most of its ground gained earlier. Metals are also making a bounce, ahead of Wednesday's crucial US CPI release.  The big miss in non-farm payrolls on Friday led to some soul searching in markets but little in terms of a lasting move. Sterling surged on Monday after a middling mandate for Scottish independence. Subscribers made +300 pips in GBPUSD (see our video for the how and whys behind the trade). 


Timing GBP & Gold توقيت تداول الاسترليني و الذهب May 9, 2021 15:08: 

Full video on calling the fractal in GBPUSD & Gold's breakout with chapter breakdown تفاصيل فنيات الذهب و الاسترليني مع فصول الفيديو


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