Traded Value
Likes ReceivedUS latest inflation data slightly heated up
The US just released its core PCE data for March, with market expectations at 3.2%, and the actual release was exactly in line with expectations.
This inflation data excludes energy fluctuations, proving that rising oil prices have indeed affected the US's underlying inflation, but it hasn't surged significantly. Although the probability of a rate hike increased slightly after the data release, US stocks and gold still maintained their upward trend.
Overall, the data is neutral. Next, we still need to focus on oil prices.
$Alphabet - C(GOOG.US)$Microsoft(MSFT.US)$Amazon(AMZN.US)$Invesco QQQ Trust(QQQ.US)$iShares barclays 20+ Yr Treasury Bd(TLT.US)$SPDR Gold Shares(GLD.US)
The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
