Pippo

The Fed’s preferred inflation measure is up for release this week! What are the markets expecting from the event and how may USD react to the release?

Dollar domination was the name of the game, as risk-off vibes lifted the safe-haven currency across the board while dragging commodities south. Take a look!

Australia’s May CPI report blew market expectations out of the water, as headline inflation surged from 3.6% to 4.0% year-over-year in May. How did AUD pairs react?

Asset classes still seemed to be marching to the beat of their own drums on Tuesday, as equities rebounded while commodities were in the red. What’s driving the markets these days?

Inflation figures from Canada surpassed market estimates, as headline inflation came in at 2.9% year-on-year in May. How did the Loonie react?

The RBA noted that inflation may be easing more slowly than they expected. Will May’s CPI figures support the central bank’s hawkish biases?

Market correlations seem to be off so far this week, as commodities edged higher while stocks and bitcoin tumbled. What’s up with that?!

Thanks to the Bank of Canada’s (BOC) shift to a more dovish stance this month, traders are paying extra close attention to Canada’s CPI figures to gauge if another cut is due soon.

Traders are in for a relatively less busy economic calendar with the spotlight on inflation updates from Japan, Canada, and Australia.

The Aussie and Loonie dominated FX price action while the Japanese yen saw downtrends despite rate hike talks from the BOJ. What’s up with that?!