Forex Trading Library

Dow Crashes 1200 Points on CPI Data!

0 400

Wall Street was left licking its wounds yesterday after a broad sell-off in its Indices.

CPI data came in hotter than expected as the Dow, S&P, and Nasdaq all fell by over 4%.

The likelihood now grows that the Fed will continue its aggressive policy in the next meeting, with a possible 100 bp hike!

Timestamps
DOW 01:45
XAUUSD 03:15

Trading the news requires access to extensive market research - and that's what we do best. Open your Orbex account now.

Leave A Reply

Your email address will not be published.