Daily Market Review: USD Slides Ahead of the US CPIs
Channel: JFD Brokers
Date: 2021-01-13

Daily Market Review by Charalambos Pissouros


EU equities continued to slide yesterday, but Wall Street rebounded perhaps as investors regained confidence that a larger US fiscal stimulus will spur a faster economic recovery, and that vaccinations will eventually win the battle against the pandemic. As for today, we get the US CPIs for December, with the headline rate expected to have improved somewhat. However, we don’t expect this to alter expectations with regards to the Fed’s future plans.


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