Will U.S. Inflation Prove Stronger Than Expected?

Yaron Mazor
US Inflation

Wall Street will be watched closely by global investors today to see if its positive momentum can be sustained. Producer Price Index statistics will come from the States. Tomorrow the Bank of England is on the calendar, and Industrial Production numbers will come from China.

Moderate Gains on Wall Street, Investors Will React to Inflation Data

The three major Indexes on Wall Street produced moderate gains on Tuesday. Apple held its launch for new products, but its equity languished. Yesterday’s Jolts Job Openings statistics were better than expected. Today’s Producer Price Index could spur impetus in the broad markets if its results miss their inflation target. Tomorrow Core Consumer Price numbers will be published.

Better Manufacturing in Japan, Industrial Production Coming from China

A Business Survey Index reading from the Bank of Japan, regarding Manufacturing showed a significant jump this morning. The outcome of 9.4 was well above the projection of 4.8. The Nikkei has continued to trade in positive territory, extending its positive run this week. The Yen has gotten slightly stronger early this morning and is trading near the 110.00 mark against the U.S Dollar. And important Industrial Production numbers will come from China tomorrow.

Pound has Fast Trading Conditions, German Inflation Rises

The Pound continues to experience fast trading conditions against the U.S Dollar as investors position themselves ahead of tomorrow’s Bank of England pronouncements. And while European equities have been cautious this morning, German inflation number was better than expected today via the Wholesale Price Index. French Consumer Price Index data will be released tomorrow.

Speculation Conditions for Crude Oil, OPEC Cartel Makes Statement

U.S Crude Oil Inventories will be released in the States today. While the numbers will be looked upon by traders skeptically because of the recent storms which have disrupted refineries, Crude Oil could turn speculative. Opec yesterday confirmed it will continue to try and cut production for the time being,

U.S. Inflation Numbers Anticipated, Energy Supply Data from States

The Producer Price Index results from the U.S could prove to be interesting for traders at 12:30 GMT upon their release.

  • 12:30 PM GMT U.S., Producer Price Index
  • 14:30 PM GMT U.S., Crude Oil Inventories

Yaron Mazor is a senior analyst at SuperTraderTV.

SuperTraderTV Academy is a leader in investing and stock trading education. Sign up for a class today to learn proven strategies on how to trade smarter.

Don't miss a thing!
Discover what's moving the markets. Sign up for a daily update delivered to your inbox

Latest Articles

See All

Expand Your Knowledge

See All
The content provided on the website includes general news and publications, our personal analysis and opinions, and contents provided by third parties, which are intended for educational and research purposes only. It does not constitute, and should not be read as, any recommendation or advice to take any action whatsoever, including to make any investment or buy any product. When making any financial decision, you should perform your own due diligence checks, apply your own discretion and consult your competent advisors. The content of the website is not personally directed to you, and we does not take into account your financial situation or needs.The information contained in this website is not necessarily provided in real-time nor is it necessarily accurate. Prices provided herein may be provided by market makers and not by exchanges.Any trading or other financial decision you make shall be at your full responsibility, and you must not rely on any information provided through the website. FX Empire does not provide any warranty regarding any of the information contained in the website, and shall bear no responsibility for any trading losses you might incur as a result of using any information contained in the website.The website may include advertisements and other promotional contents, and FX Empire may receive compensation from third parties in connection with the content. FX Empire does not endorse any third party or recommends using any third party's services, and does not assume responsibility for your use of any such third party's website or services.FX Empire and its employees, officers, subsidiaries and associates, are not liable nor shall they be held liable for any loss or damage resulting from your use of the website or reliance on the information provided on this website.
This website includes information about cryptocurrencies, contracts for difference (CFDs) and other financial instruments, and about brokers, exchanges and other entities trading in such instruments. Both cryptocurrencies and CFDs are complex instruments and come with a high risk of losing money. You should carefully consider whether you understand how these instruments work and whether you can afford to take the high risk of losing your money.FX Empire encourages you to perform your own research before making any investment decision, and to avoid investing in any financial instrument which you do not fully understand how it works and what are the risks involved.