Chris, analyst: After the US CPI was released, the US stock index futures once hit an intraday high, but the market reaction was still quite dull.Broadcom shares rose 2.8% before the market closed.Colombia's consumer confidence index in November was -5.7, and the forecast was -4.8.
Macy's fell 8.2% before the market, and the company lowered its profit outlook after discovering accounting errors.U.S. stock index futures expanded before the market, with S&P 500 futures up 0.4%, Nasdaq futures up 0.6% and Dow futures up 0.2%.Traders increased their bets on the Fed's interest rate cut. After the CPI report was released, swap traders increased their bets on the Fed's interest rate cut before the end of 2025. They now predict that by that time, they will cut interest rates by 87 basis points, which means that the Federal Reserve will cut interest rates by 25 basis points next week. In 2025, there will be another two interest rate cuts of 25 basis points each time, which is less than the four times proposed by Fed officials in the latest quarterly bitmap in September.
Treasury yields fell, while the Bloomberg dollar spot index erased gains.German Chancellor Angela Scholz: Calling on legislators to work together for the benefit of the people.Analyst Anstey: Today's CPI data will hardly change anyone's prospects. However, those who still think that the Fed will remain inactive next week may reconsider, because inflation is not worse than expected. This seems to give the green light to cut interest rates by 25 basis points on December 18th.
Strategy guide
12-14
Strategy guide 12-14
Strategy guide
12-14