News: All eyes are on U.S. CPI data - Wiki-Forex

All eyes are on U.S. CPI data

14.02.2023 | 12:28


All eyes are on U.S. CPI data which is expected to have climbed 0.4% in January. Revisions to the previous data showed consumer prices rose in December instead of falling as previously estimated.

If the disinflation trend shows signs of slowing, then caution over a hawkish Fed could undermine risk on sentiment which will hammer gold and lift USD.


Lower than expected CPI (it means less restrictive monetary policy)
Gold. 🔼 
Stocks 🔼 
USD 🔻 

Higher than expected (it means more monetary tightening)
Gold 🔻 
Stocks 🔻
USD 🔼