CPI

2024 - 1 - 11

The Dollar Dance: CPI Highlights and Market Reactions

Consumer Price Index - Federal Reserve - Financial Markets - Inflation - US Dollar

Discover the rollercoaster ride of the US dollar post-CPI release and how it impacts global markets!

The Consumer Price Index (CPI) reports have recently caused a stir in the financial world, particularly in the US. As the US dollar soared following better-than-expected CPI data, the euro and yen felt the heat with sharp declines. Investors closely monitored the CPI figures, with a consensus 0.3% MoM core inflation reading fueling speculation about market movements. The slight uptick in US consumer prices, especially in housing, painted a picture of a stable economy.

Amid the CPI frenzy, China's CPI also made headlines, showing a different economic landscape. While the US experienced a boost, China witnessed a dip in CPI, raising questions about diverging global trends. Traders grappled with interpreting the Federal Reserve's response to the CPI data, with varied opinions on rate cuts. The dynamic stock market saw fluctuations post-CPI, reflecting the uncertainty in investor sentiment.

In the aftermath of the CPI storm, analysts dissected the nuanced details of the inflation reports. From sticky service prices to housing driving consumer gains, the CPI numbers revealed intricate economic patterns. With implications for future Fed decisions, the CPI data served as a key indicator for market projections and investor strategies.

Looking ahead, the focus shifts to China's GDP and December CPI reports, offering insights into the global economic landscape. As US Federal Reserve officials analyze inflation signals post-CPI, the financial world braces for potential shifts in monetary policies. The interplay between CPI data, market reactions, and central bank responses continues to shape the trajectory of international economies.

Post cover
Image courtesy of "The Business Times"

US dollar jumps as CPI beats expectations (The Business Times)

THE US dollar jumped against the euro and hit a one-month high against the yen on Thursday (Jan 11) after the latest data showed that consumer price ...

Post cover
Image courtesy of "ING Think"

FX Daily: US CPI not a game-changer in FX (ING Think)

We expect a consensus 0.3% MoM core inflation reading in the US today. We see the rise in the USD/JPY as an indication that fast money is probably ...

Post cover
Image courtesy of "Reuters"

Slightly hot Dec US CPI suggests Fed won't rush to cut (Reuters)

U.S. consumer prices increased more than expected in December as rents maintained their upward trend, which could delay a much anticipated interest rate cut ...

Post cover
Image courtesy of "The White House"

December 2023 CPI Report | CEA | The White House (The White House)

Inflation as measured by the Consumer Price Index rose 0.3 percent in December, and by 3.4 percent in 2023 (from Dec. '22 to Dec.

Post cover
Image courtesy of "CNBC"

Consumer prices rose 0.3% in December, higher than expected ... (CNBC)

The consumer price index for December was expected to increase 0.2% on a monthly basis and 3.2% from a year ago, according to Dow Jones.

Post cover
Image courtesy of "CNN"

America's final inflation report for 2023 just came in (CNN)

US consumer prices rose 3.4% annually to close out 2023, capping a year of substantial progress on efforts to rein in decades-high inflation.

Post cover
Image courtesy of "Bloomberg"

Housing Drove More Than Half of US Consumer Price Gain (Bloomberg)

Thanks for joining us. Here are five key takeaways from the US consumer price index report for December, released Thursday.

Post cover
Image courtesy of "RSM US"

December CPI: Sticky service and housing prices illustrate the ... (RSM US)

Despite a three-month annualized top-line inflation pace of 1.8% and a six-month rate of 3.3%, prices in the service sector, which comprises 62%

Post cover
Image courtesy of "Investor's Business Daily"

CPI Inflation Comes In Hot, In Setback For Fed Rate-Cut Hopes ... (Investor's Business Daily)

The core consumer price index rose more than expected in December. S&P 500 futures pointed to a flat open after the CPI inflation data.

Post cover
Image courtesy of "Reuters"

S&P 500 slips, after rising briefly above record close, on CPI data (Reuters)

Major U.S. stock indexes lower in early trading · Data: U.S. consumer prices rise more than expected in Dec · Dollar jumps · Crypto market investors cheer first US ...

Post cover
Image courtesy of "Barron's"

Stock Market Today: S&P 500 Briefly Passes Record High After CPI ... (Barron's)

U.S. stock futures edged higher on Thursday ahead of the release of key inflation data that could advance—or disrupt—expectations that the Federal Reserve ...

Post cover
Image courtesy of "Yahoo Finance"

Stocks Drop as 'Not Great' CPI Whipsaws Treasuries: Markets Wrap (Yahoo Finance)

(Bloomberg) -- Wall Street saw a volatile session, with stocks down and bonds whipsawing after hotter-than-anticipated inflation data tempered bets on a ...

Stocks Retreat After Hotter-Than-Anticipated CPI: Markets Wrap (swissinfo.ch)

(Bloomberg) -- Stocks declined as traders dialed back their bets on Federal Reserve rate cuts after hotter-than-anticipated inflation data.

Post cover
Image courtesy of "The Australian Financial Review"

Inflation: Parsing the US December CPI data (The Australian Financial Review)

US consumer prices rose slightly faster than expected last month, challenging expectations for aggressive 2024 interest rate cut bets.

China's December CPI down 0.3%; PPI down 2.7% (CGTN)

China's consumer price index (CPI) rose 0.2 percent annually for the full year of 2023. The reading edged down 0.3 percent year on year in December.

China's 2023 CPI up 0.2% year-on-year, dismissing 'deflation risk ... (Global Times)

China's 2023 consumer price index (CPI), the main gauge of inflation, increased 0.2 percent on a yearly basis, the National Bureau of Statistics (NBS) ...

Post cover
Image courtesy of "JP Morgan"

December 2023 CPI Shows 0.3% Inflation Rise | J.P. Morgan (JP Morgan)

The Bureau of Labor Statistics' December 2023 CPI report showed a 0.3% month-over-month increase. Read on to learn what this may mean for the Fed's next ...

China's CPI down 0.3 pct in December 2023 (Xinhua)

A consumer selects vegetables at a supermarket in Wuxi, east China's Jiangsu Province, Jan. 12, 2024. In 2023, China's consumer price index (CPI) went up 0.2 ...

Post cover
Image courtesy of "FXStreet"

Week ahead: China GDP and December CPI reports eyed amid rate ... (FXStreet)

Is China's recovery getting back on track? The Chinese economy suffered several wobbles in 2023, as the property crisis went from bad to worse.

Post cover
Image courtesy of "FXStreet"

China's CPI inflation rises to -0.3% YoY in December vs. -0.4 ... (FXStreet)

At the time of writing, AUD/USD is cheering mixed Chinese data releases, holding gains just above 0.6700, up 0.31% on the day. Australian Dollar price today.

Fed officials say December CPI did not budge view of inflation ... (Hellenic Shipping News Worldwide)

U.S. Federal Reserve officials took little fresh signal from consumer price data published on Thursday as they gauge whether inflation is headed firmly ...

Post cover
Image courtesy of "FXStreet"

The week ahead – UK CPI, wages, China Q4 GDP, Ocado ... (FXStreet)

UK wages/UK CPI (Dec) – 16/01 and 17/01 - Since March of last year headline CPI in the UK has more than halved, slowing from 10.1%, with November slowing ...

Explore the last week