After Trump paused most tariffs, the focus shifts from recession to inflation – and we are here to cover the release of America’s all-important Consumer Price Index (CPI) data.
Follow live coverage here on Discord
Join FXStreet Premium and ask analysts questions live and Gold alerts, signals and more.
Can the market calm continue?
China is the one big exception from US President Donald Trump’s 90-day pause on reciprocal tariffs – it suffers from duties of 125%. Other countries will only suffer the baseline 10% levies, and that is the reason for the relief. Fewer tariffs mean a lower chance of recession.
However, tariffs mean higher prices – and that could lead to rate hikes or at least a slower pace of cuts.
What is the pre-tariff inflation rate? The data released now, and especially core CPI MoM, are key. Any lower figure would boost Stocks and Gold, while above-estimates data would support the US Dollar.
Live financial market coverage
FXStreet covers major economic releases in a live blog format, to provide readers an instant verdict of the data, rapid analysis of key assets, and for Premium members, the abilty to ask our experts questions in real time.
FXStreet Premium
FXStreet Premium provides subscribers access to analysts, exclusive actionable analysis, signals, Ed Ponsi’s webinars, trade plans and a bullish/bearish indicator for Gold on critical events. Join FXStreet Premium here.
