[ad_1] Share: Spot Silver takes a knee after the US CPI inflation reading mangles investor risk appetite for Thursday. Risk appetite has soured and Silver’s meager gains for Thursday have evaporated. Investors will be keeping an eye out for changes to the Fed’s dot plot moving forward. The XAG/USD slid below $21.80 on
[ad_1] Yields and the USDIndex popped higher after the hotter than projected 0.4% rise in headline CPI. Still low initial jobless claims added to the moves. The front end of the Treasury curve is underperforming on the more hawkish implications for the FOMC. The report has fostered some profit taking on the recent Treasury rally.
[ad_1] US CPI KEY POINTS: MOST READ: USD/CAD Looks Set to Arrest 4-Day Slump, Finding Support at the 20-Day MA Elevate your trading skills and gain a competitive edge. Get your hands on the U.S. dollar Q4 outlook today for exclusive insights into key market catalysts that should be on every trader’s radar. Recommended by
[ad_1] US Dollar, Federal Reserve, FOMC Minutes, USD/CHF, USD/JPY, Treasury Yields – Talking Points The US Dollar is on the backfoot on Fed speak and FOMC minutes Treasury yields might have assisted the Fed but that picture could change PPI beat forecasts and attention now turns to CPI. Will it move the US Dollar? Recommended
[ad_1] Mon: EZ Sentix Index (Oct) Tue: Nil Wed: EIA STEO, US PPI (Sep). FOMC Minutes Thu: ECB Minutes, OPEC MOMR, IEA OMR, UK GDP (Aug), US CPI (Sep) Fri: Chinese Inflation (Sep), Chinese Trade Balance (Sep), EZ Industrial Production (Aug), US University of Michigan Prelim Note: Previews are listed in day order FOMC Minutes
[ad_1] Melbourne Institute monthly inflation gauge flat m/m prior +0.2% +5.7% y/y prior +6.1% For the trimmed mean, +0.1% m/m and +5.1% y/y prior +0.1% m/m and +5.7% y/y This indicator is moving in the right direction for the RBA. CPOI levels are still elevated though. And the trimmed mean, while having dipped, is showing