🚀 Analyst Predicts Lower Likelihood Of Higher-Than-Expected December CPI
#Analyst #CPI #PPI #BrentDonnelly #SpectraMarkets #ConsumerPrices #DecemberData #WallStreet #EconomicForecast
According to BlockBeats, on January 14, Brent Donnelly, an analyst at Spectra Markets, discussed the implications of a weak Producer Price Index (PPI) on the Consumer Price Index (CPI). While a weak PPI does not always lead to a weak CPI, it often does.
Recently, it has been unusual for the U.S. Department of Labor to release PPI data before CPI data in a given month, although this was common before 2018. Reviewing the past decade, when both overall PPI and core PPI were below expectations, as seen in the recent December data, the CPI exceeded expectations only 21% of the time.
Donnelly noted that in such scenarios, the CPI met expectations 39% of the time and fell below expectations another 39% of the time. This suggests a lower likelihood that the December CPI data, set to be released this Wednesday, will surpass Wall Street's expectations. Economists had previously forecasted a 0.3% increase in consumer prices.#Analyst #CPI #PPI #BrentDonnelly #SpectraMarkets #ConsumerPrices #DecemberData #WallStreet #EconomicForecast
🚀 U.S. Dollar Faces Volatility Amid Thanksgiving Market Closure
#USDollar #Volatility #Thanksgiving #MarketClosure #Liquidity #CurrencyTrading #DollarDecline #FederalReserve #InterestRateCuts #BrentDonnelly #SpectraMarkets #WhiteHouse #Hassett #2026Trading
According to BlockBeats, the U.S. market closure for Thanksgiving on November 27 has led to reduced liquidity, amplifying currency trading volatility. The dollar is retreating from a six-month high reached a week ago, poised for its largest weekly decline since July.
Brent Donnelly, President of Spectra Markets, noted that market participants will soon focus on major trading strategies for 2026, and he strongly believes that going long on the dollar will not be among them.
He added that if White House economic advisor Hassett, who advocates for interest rate cuts, is appointed as the next Federal Reserve Chair, it could negatively impact the dollar.#USDollar #Volatility #Thanksgiving #MarketClosure #Liquidity #CurrencyTrading #DollarDecline #FederalReserve #InterestRateCuts #BrentDonnelly #SpectraMarkets #WhiteHouse #Hassett #2026Trading