JC888
11-10 21:53
US CPI for October came in higher than anticipated.  

Except for - (a) Headline CPI (MoM) that fell by -0.2% to +0.4% and (b) Core CPI (MoM) remained status quo at +0.3%, both YoY CPI rose.

As a result, this cause US composite futures indexes to turn RED across the board. (see attached)

As a result of the repercussion, US 10 years Treasury surged in response to the CPI data.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment