10/06/2026
All eyes are on today's US CPI report, one of the final major economic releases before next week's Federal Reserve meeting.
Markets expect inflation to rise, while a resilient labour market and higher energy prices continue to support the case for interest rates to stay higher for longer. Recent geopolitical tensions have also added fresh inflation concerns through rising oil prices.
A stronger-than-expected CPI reading could reinforce the Fed's hawkish stance, support the US dollar, and weigh on gold prices.
Will inflation strengthen the higher-for-longer narrative? Markets are about to find out.
(This material is provided for informational and market commentary purposes only and does not constitute investment advice or a solicitation to trade.)
Trading carries risk. ATFX MENA is regulated by the UAE CMA.