A hotter print could drive down prices after a long advance. A cooler one could spur a rally, and lift expectations of a June rate cut.
The latest U.S. inflation data set for release Wednesday could spark a major move in stocks as investors deliberate how the Federal Reserve will proceed with interest rates, according to JPMorgan. The March consumer price index, due out Wednesday at 8:30 a.m. ET, is estimated to show an increase of 0.3% on a monthly basis and 3.4% year over year, according to economists polled by Dow Jones. Core CPI, which excludes volatile food and energy prices, is expected to rise 0.3% and 3.7%, respectively.
40%, inclusive — An in-line to slightly hotter core reading could result in wide-ranging outcomes, depending on how well markets absorb the report. JPMorgan anticipates the S & P 500 could either advance a quarter percentage point, or lose as much as 1%. 37.5% chance of a print between 0.20% and 0.30%, inclusive — An in-line reading could mean the S & P 500 might add as much as a half percentage point, or fall by as much as 1%.
Wall Street Business Markets Stock Markets Business News
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
EUR/USD Trading Range-Bound as Traders Await US CPI DataEUR/USD is trading within a narrow range as traders anticipate the release of US CPI data. The lack of volatility is likely due to many traders staying on the sidelines ahead of the market-moving event.
Lire la suite »
US Dollar dips in very calm trading on WednesdayThe US Dollar (USD) is turning red now that the dust has fully settled over the US Consumer Price Index (CPI) data that came in slightly higher than expected, casting doubts over the timing of interest-rate cuts by the Federal Reserve (Fed). After an
Lire la suite »
Cooler air returns Wednesday and another hard freeze Wednesday night | Live Doppler 13 Weather BlogIt is the first full day of spring and, oddly enough, it feels like winter in Indiana.
Lire la suite »
10 Trading Mistakes to Avoid in Forex TradingHuman error in the forex market is common and often leads to familiar trading mistakes. Being aware of these errors, can help traders become more efficient in their forex trading.
Lire la suite »
First Alert Weather Day declared for Wednesday and Wednesday nightVery heavy rain, strong to severe storms and gusty winds are expected to impact the area.
Lire la suite »
USD/JPY Price Analysis: Treads water around 151.70; next support at nine-day EMAUSD/JPY exhibits sideways trading on Thursday, hovering around 151.70 during the European trading hours.
Lire la suite »