Sunday, 9 October 2022

S&P 500, Dow Jones, Nasdaq Directional Fate Tied to CPI After NFP Selloff

US equity indexes sold off on Friday after the US jobs report solidified the chances for a 75-basis point FOMC rate hike. The market’s direction in the week ahead hinges on the US consumer price index (CPI).

from DailyFX - Market News https://ift.tt/0LMtJwl
via IFTTT
at
Labels:

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)

ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...