
Hopeful inflation data. The recent data shows signs that the U.S. price increase trend is slowing. Basic inflation, which for a long period has not shown declining signs, has slowly surprisingly surprisingly up up to 3.2 percent. A lot of optimism is high up up up to 2.7 percent.The decline in the service sector inflation is the lowest level in almost 3 years.
On the other side, consumers did not receive much good significant significant receipts last month. In from food and energy pricing inflation increased by 2.9 percent, food and some of the most necessary food commodities prices expanded so ordinary consumers were not most likely to suffer a significant increase. But the markets received this news with trump only on one day the US 10 years bond performance dropped by 13 basis points up to 4.65 percent. Market has changed 2025 years of interest reduction expectations, now the measurable chances are split between one and both of the income intercepts. Some more sure US dollar movements – notwithstanding inflation data and falling yields the euro/US dollar exchange rate has bounced up to 1,028.
Optimism in the stock markets returned. Evening the S&P 500 index rose even 1.8 percent. STOXX 600 index increased 1.3 percent. Continuing changes in East Asian markets and East Asian markets trade , the South Korean KOSPI index rose the most in the South Korean Kospi index (+1.2 % in Korean in Korean in Korean index.The US trade has shone the champions ofthelastyear-Magnificent7andbankstock.Thebanksannouncingresultstonightincluded:Citigroup,GoldmanSachsandWellsFargointheupper6%,”JPMorgan”was slightlybehind,thesharewasdown2percent,whiletheKRWbankindexwasup4,1percent.TechnologystockwasleadbyTeslaandthecompany’ssharepricewasup8percent.