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First, let’s recap the volatile week that was for global financial markets!
Here’s the stunning price action that ensued after the lower-than-expected US inflation print that was released yesterday (Thursday, Nov 10th):
In a welcome development for financial markets, the annual inflation rate in the United States slowed to 7.7% in October, the lowest level since January.
If markets had learnt anything this week, it’s that the Fed has got more rate hikes in store as the US central bank battles against inflation that’s at a 40-year high.
In a welcome development for financial markets, the annual inflation rate in the United States slowed to 7.7% in October, the lowest level since Janua...
inflation
Stocks
Federal Reserve
S&P500
EURUSD
Gold
DXY
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