🚨 Caution is advised as we await U.S. inflation data today 🇺🇸🔥!
⭕ All eyes are on U.S. inflation data today, as the Consumer Price Index (CPI) will be released at 3:30 PM Saudi time.
⬅️ Market expectations indicate that the U.S. inflation rate is set to rise to 2.8%.
⬅️ We are likely to witness significant market volatility as soon as this news is released, especially since it is considered one of the key economic indicators that the U.S. Federal Reserve relies on to determine its monetary policy and decisions regarding interest rates.
🔥 The impact of inflation data will be strong on currencies, gold, oil, and stocks, so please trade and manage risks cautiously today.