đ´ Today's Top Economic News: CPI Data Release đ´
đ
Date: January 15, 2025
đ US Consumer Price Index (CPI) report released
â
Annual CPI: 3.2% (previous month 3.5%)
â
Monthly CPI: 0.1% increase (in line with expectations)
đĄ Impact on Market:
đ Dollar Index: Slightly stronger
đ Gold (XAU/USD): Signs of consolidation
đ Stock market: Mixed reaction
⥠Advice for traders:
âī¸ Market volatility is expected after CPI.
âī¸ Do technical and fundamental analysis before trading.
âī¸ Keep an eye on the next Federal Reserve policy as CPI may impact interest rates.