Global investors are readying themselves for two major events | ForexTime

Global investors are readying themselves for two major events today:


The February US consumer price index (CPI) announcement
The House of Representative’s possible vote on the $1.9 trillion fiscal stimulus plan


Both events could spur inflation expectations higher and trigger a massive reaction in Treasury yields, which could then jolt multiple major assets including the dollar, gold, and tech stocks.

Wall Street is expecting the headline CPI to register a year-on-year growth of 1.7%, which would its highest reading since February 2020, before the pandemic took hold. And the... Read More (https://www.forextime.com/market-analysis/dollar-index-gold-inflation-watch)