
Post
Nisha Rehman
CPI data release meets expectations, rapid market-wide analysis 🔥
The US July CPI fully matched market expectations, with inflation neither heating up nor cooling down beyond expectations, resulting in a neutral outcome. Both bulls and bears temporarily lose unilateral momentum.
1. Inflation aspect: Overall CPI annual rate at 3.4%, seasonally adjusted monthly rate at 0.1%, core CPI monthly rate at 0.2%, exactly as predicted. The Federal Reserve's rate cut pace will neither accelerate nor delay, and the US dollar index fluctuates slightly without large unilateral rises or falls.
2. Impact by category
$XAU: Safe-haven gains have been realized, short-term pressure causes a drop to the 4392 range, upward momentum fades, entering high-level consolidation.
US stock storage ($SNDK, $MU): No rate cut benefits, previous gains overextended, #CPIInLineFedWatch #AIInfraEarningsWatch #Gold4400HavenBid
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