💥Inflation crushes Wall Street!

Today's inflation data showed a much smaller decline in CPI inflation than expected and a very strong rise in core inflation. Core inflation of 6.3% YoY shows that increasing housing costs are a problem for American citizens. These data caused the markets to expect a 75 bp rate hike next Wednesday and may mean that the Fed will not slow down the rate hikes after the next decision.

Strong declines can be seen on Wall Street, just before the start of the cash session. The US100 loses more than 3% and the US500 more than 2%. EURUSD is losing more than 1% and fell below 1.01.

Inflation crushes Wall Street contracts. US100 give back nearly half of recent gains! Source: xStation5

29 May 2026, 6:53 PM

Daily Summary: Buyers continue to dominate the markets despite geopolitical turmoil⏰

29 May 2026, 6:26 PM

📆Three markets to watch next week (29.05.2026)

29 May 2026, 2:51 PM

US OPEN: Dell soars and keeps pushing tech stocks higher 🚀

29 May 2026, 10:08 AM

EU50 near record highs: broad-based gains and buybacks support european equities 🔎

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