🔵 To make the picture clear for everyone:
🔷 U.S. inflation data will be released in about an hour and a half...
🔷 Expectations are that inflation will stabilize at 3.4%...
🔷 If the actual result is less than 3.4%, it will increase the bets that the Federal Reserve will cut interest rates in July...
🔷 However, if the result is higher than 3.4%, it will put the Federal Reserve in a very difficult position, as it will be forced to keep interest rates high for a longer period...
🔷 This will be very positive for the US dollar and negative for metals and indices.
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