US markets stutter amid prospect of rising inflation | Michael Kramer
Channel: CMC Markets plc
Date: 2023-08-09

US consumer price inflation may go up before it comes down, says Michael Kramer of Mott Capital Management. After CPI cooled to 3% in the year to June, analysts expect Thursday’s announcement (due at 1.30pm, UK time) to show that inflation ticked up to 3.3% in July as oil prices rose. Core CPI, which strips out volatile items like food and energy, could remain unchanged at 4.8%, or may have eased to 4.7%. 

#CrudeOil #DowJones #Nasdaq #CPI #DayTrading

Website: http://www.cmcmarkets.com/en-gb/

This video is for general information only and is not intended to provide trading or investment advice or personal recommendations. Any information relating to past performance of an investment does not necessarily guarantee future performance. CMC shall not be responsible for any loss that you incur, either directly or indirectly, arising from any investment based on any information in this video. Please remember spread betting and trading CFDs carries significant risks and may not be suitable for all investors.