Daily Market Review: The Spotlight Turns to the US Inflation Numbers
Channel: JFD Brokers
Date: 2021-08-11

Daily Market Review by Charalambos Pissouros

Markets traded in a risk-on manner yesterday, with the US #Senate passing a USD 1trln infrastructure bill. That said, although most equity indices drifted north, expectations over a #Fed tapering, as well as over interest rate hikes, have come forth, with the attention now falling on the #CPIs for July, due to be released today. Expectations are for minor slowdowns, but we don’t expect something like that to hurt speculation around the Fed’s future course of action.

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