As usual, the stock market are ahead of the US CPI news release yesterday. From the chart, seem like kind of overrun. Its is nearing the resistance, it will do a clean BREAKUP if if wish to continue its uptrend.
US inflation looks poised to rise in the future.
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The latest 1-year inflation expectation had spiked to 3.8%.
This spike could be caused by the Iran war and the US consumers were
expecting higher inflatio...
2 hours ago
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