US inflation outlook

US inflation data is in focus today. It will significantly impact financial markets’ movement and determine their direction.

According to expectations, data will show a rise in inflation rates in America. If this is confirmed, the US Federal Reserve will likely go to a higher increase in interest rates. what does this mean? A continuous decline in indices and stocks, and a temporary decline in gold prices.

However, if inflation figures show improvement, the Fed will likely maintain its current strategy and will hike at a rate of 0.75%. What does this mean? A decline in the dollar and a rise in gold, stocks and indices.