2024-01-11 13:49:45
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Investing.com – On Thursday (11th), the latest inflation data in the United States exceeded expectations, and the overall CPI rose sharply more than expected. However, the core CPI slowed down, but the slowdown was not as fast as expected, triggering a brief jump in U.S. dollar index futures. U.S. bond yields rose above 4% once more, and gold’s gains narrowed.
The data showed that it rose to 3.4% from 3.1%, higher than the expected 3.2%, setting a three-month high. It also accelerated from 0.1% to 0.3%, higher than the expected 0.2%.
It continued to decline, slightly falling from 4.0% to 3.9%, but it was expected to drop to a lower 3.8%; it remained at 0.3%, in line with expectations.
On the other hand, it was slightly better than expected, at 202,000, slightly lower than the expected 210,000. It unexpectedly dropped from 1.868 million to 1.834 million, lower than the expected 1.871 million.
It jumped following the data was released, reversing earlier losses. It also rose straight up, hitting a new intraday high.
The benchmark U.S. bond yield once once more rose above the 4% mark.
once dived, but the increase only narrowed and did not turn down. Both the good and the weak seemed to be in a tug of war.
U.S. stock index futures were weaker, with , and U.S. stock index futures down slightly.
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