Waiting for a special gift for Valentine’s Day from the USA
The U.S. inflation data will be released today at 8:30 a.m. Eastern Time (1:30 p.m. GMT). The expected rate is 6.2%. But as the saying goes, “We plan, God laughs.”
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Case scenarios:
- If the consumer price index (CPI) is lower than expected, then the market will see a rise in the Fear and Greed Index and the general level of prices;
- If the index turns out to be at the expected rate, then the market will remain flat, experiencing only a slight increase;
- If the index exceeds the rate of 6.3%, short-term traders can rush to the nearest shopping mall for Hennessy.
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