Anyone scalping the FTSE Futures??

The reason for yesterday’s fall is related to the relationship between inflation, the Fed and economic growth. Inflation, as measured by consumer prices, recorded the largest monthly increase in the last three years (0.40 +%). To this increase contributed the rising fuel prices, housing rents and some medical services. In annual terms, the consumer price index stood at 1.10%. When excluded the most volatile goods, inflation stood at 02.10%, up from 2% desired by the Fed. Although the Central Bank has a preference for inflation associated with the household expenses, today’s data confirm that the upward trend of inflation does not appear to be based on temporary factors. At a time when the US economy has not yet convincing signs that exceeded the deceleration observed in the 1st quarter, inflation rise impacts negatively investors confidence.
 
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