US CPI for June came in 3% YoY vs 3.1% exp. and 3.3% previously (-0.1% MoM vs 0.1% exp. and 0% previously)
US Core CPI for June came in 3.3% YoY vs 3.4% exp. and 3.4% previously (0.1% MoM vs 0.2% exp. and 0.2% previously)
- US June CPI food inflation came in 0.2%, also housing inflation was 0.2% higher, while rent was up 0.3% MoM
US jobless claims came in 222k vs 235k exp. and 238k previously (1.852M continued jobless claims vs 1,86M exp. and 1.858M previously)
After the data released, Fed fund futures traders bet more on September rate cuts in US economy. Wall Street indices are higher. Markets price in 85% chance of a September Fed rate cut after CPI (vs about 70% before).
Source: xStation5
Source: BLS, Macrobond, XTB Research
مطار دبي الدولي يستأنف عمله جزئيا... 1140 رحلة خلال 84 ساعة لإعادة المسافرين
أرامكو تعدّل أسعار النفط لشهر أبريل وترفع علاوة الخام العربي الخفيف
إغلاق وحدتين لإنتاج الخام في مصفاة سترة البحرينية بسبب التوترات الإقليمية
سيولة الأسواق تبلغ 3.3 مليار درهم.. ومؤشر «دبي» يقلص خسائره