US CPI preview: Bond market and sell-side firm expectations, S&P 500 reaction and more
The Consumer Price Index report for September 2023 is scheduled for release on Thursday, October 12, at 08:30 ET .
This slowdown is evident across the three main categories often used by the Federal Reserve for analysis: goods, services, and housing. These categories have seen slower price growth, with some even experiencing annual declines, especially in goods, including various food items and used cars., which excludes food and energy prices, has been gradually decreasing in 2023, and current predictions suggest that this trend of cooling core inflation will persist. The consensus is looking for a 0.
Goldman Sachs: “We expect a 0.22% increase in September core CPI , corresponding to a year-over-year rate of 3.98% . We expect a 0.30% increase in September headline CPI , which corresponds to a year-over-year rate of 3.55% . Our forecast is consistent with a 0.24% increase in core services excluding rent and owners’ equivalent rent in September… Going forward, we expect monthly core CPI inflation to remain in the 0.2-0.3% range in the next few months.
The move lower in equities could be underpinned by this week’s bounce in equities with the S&P 500 rallying about 150 points after testing a key near-term support near 4200.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
US 500 IG Client Sentiment: Our data shows traders are now net-short US 500 for the first time since Sep 26, 2023 when US 500 traded near 4,277.54.Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger US 500-bullish contrarian trading bias.
Weiterlesen »
S&P 500 Rally Pauses at Key Resistance: Fed Minutes, Key Data in FocusMarket Overview Analysis by Michael Kramer covering: S&P 500, iShares Core S&P 500 ETF, SPDR® S&P 500, Apple Inc. Read Michael Kramer's latest article on Investing.com
Weiterlesen »
S&P 500: Is Rally to 4800 Already Underway?Stocks Analysis by Avi Gilburt covering: S&P 500, iShares Core S&P 500 ETF, SPDR® S&P 500, S&P 500 Futures. Read Avi Gilburt's latest article on Investing.com
Weiterlesen »
S&P 500 Bounces From Oversold Levels Despite War in Middle East: What's Next?Stocks Analysis by Jani Ziedins covering: S&P 500, iShares Core S&P 500 ETF, SPDR® S&P 500, S&P 500 Futures. Read Jani Ziedins's latest article on Investing.com
Weiterlesen »
The S&P 500: A Rally to 4800Stocks Analysis by Dr. Arnout ter Schure covering: S&P 500, iShares Core S&P 500 ETF, SPDR® S&P 500, S&P 500 Futures. Read Dr. Arnout ter Schure 's latest article on Investing.com
Weiterlesen »
S&P 500 hits two-week high of $4,340 as equities shrug off Gaza escalation fearsThe Standard & Poor's (S&P) 500 equity index is trading near $4,330, a two-week high for the index after markets recovered from an early Monday spat o
Weiterlesen »