Daily Market Review: US Inflation Data Takes Center Stage
Channel: JFD Brokers
Date: 2021-05-12

Daily Market Review by Charalambos Pissouros

#Equities were a sea of red and the US dollar gained yesterday, with risk aversion rolling somewhat into the Asian session today. It seems that investors remained nervous ahead of today’s #inflation data for April from the US. Expectations are for strong advances in both the headline and core rates, which may raise speculation that the #Fed should start normalizing its policy earlier.

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