US CPI and Trump Could Upset the Fragile Risk Appetite
From Investing.com: 2025-02-12 05:12:00
Today, markets brace for the release of the US CPI data for January, with economists expecting a 2.9% year-on-year change at the headline and 3.1% at the core indicators. A surprise could impact the Fed’s outlook. Meanwhile, Fed Chairman Powell prepares for his second testimony, where comments on policy stance will be closely watched. President Trump is expected to announce new tariffs, potentially impacting risk sentiment. In other news, gold drops from a record high as profit-taking sets in. The situation in Gaza and discussions between Ukraine and Russia could also influence market sentiment.
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