• FattkhongFattkhong
        ·2022-12-18
        [惊讶] 
        171Comment
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      • Prosperity88Prosperity88
        ·2022-12-18
        Yes
        93Comment
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      • xiaochoochooxiaochoochoo
        ·2022-12-13
        🥰🥰
        1291
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      • Tiger_WealthTiger_Wealth
        ·2022-11-10

        US October CPI Preview

        October Inflation may be below expectationsThe US October CPI data will be announced tomorrow. This is the first of the four data points that will influence US Fed monetary stance at their December meeting. The expectation is for October CPI to be at 7.9%, compared to 8.2% in September.Here are some insights: Oct CPI of G20 Countries Leading indicator from Crude Oil Leading indicator from S&P 500 Index (8-months lag) Leading indicator from M2% YOY (16-months lag) Oct CPI of G20 CountriesSo far, five G20 countries have reported the October CPI. No country beat the estimates. Only South Korea CPI is equal to the estimates of 5.7%. All countries have reported MOM decline in CPI.Leading indicator from Crude OilWTI Crude Oil Price has declined 23% from a high of $115 in May 2023 to $88. Hen
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        US October CPI Preview