Dollar index, gold on inflation watch

0
77
views

Global investors are readying themselves for two major events today:

The February US consumer price index (CPI) announcement
The House of Representative’s possible vote on the $1.9 trillion fiscal stimulus plan

Both events could spur inflation expectations higher and trigger a massive reaction in Treasury yields, which could then jolt multiple major assets including the dollar, gold, and tech stocks.

Wall Street is expecting the headline CPI to register a year-on-year growth of 1.7%, which would its highest reading since February 2020, before the pandemic took hold. And the… Read More:

For all Articles related to FXTM please click here

OPEN AN ACCOUNT WITH FXTM