Brent crude breaks above $100 ahead of CPI and FOMC rate decision
Brent crude broke above $100 per barrel for the first time since late July, raising inflation concerns ahead of Friday's CPI release and next week's FOMC meeting. CME and Polymarket markets showed roughly 55-60% probability of a Fed rate hike next week.
Detected & updated continuously · Source: Nebula
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@PiQMarkets
Oil at $100 and the inflation the Fed can't ignore Brent crude has broken above $100 for the first time since late July, and the timing could hardly be worse for a Fed hoping inflation would fade. With Friday's CPI due and the FOMC meeting a week later, the question is whether
@follis_
CME group now giving a 60% chance of a rate hike next week Polymarket giving a 54% chance The stage is being set for the first rate hike in more than 3 years https://t.co/QUcj24rDtR
@BitgetES
El DXY (Índice del Dólar Estadounidense) cayó de 108 a 98.7, pero la reunión del FOMC de la próxima semana muestra una probabilidad del 55% de un recorte de tasas. 🔹 EUR/USD: 1.164 🔹 USD/JPY: Estancado en 153 🔹 GBP/USD: Subiendo a 1.355, su nivel más alto en 6 meses Bitget https://t.co/dwjqgJT9oI