Economic dataFinancial Express
US inflation data shifts outlook for yields, dollar, gold
Positive+23
GreyOak summary
US headline inflation eased to 0.4% in October, missing market expectations of 0.3%. Markets now anticipate aggressive Federal Reserve rate hikes to combat sticky core inflation.
What it affects
US inflationPositive +23US headline inflation eased to 0.4% in October.Rolling sentiment Negative -17
- GoldNeutral 0
Gold slipped below $4,000 to $3,926/ounce.Rolling sentiment Neutral -2
