©2023 Synapse Trading Pte Ltd (only for paid subscribers)

Subscribe for real-time alerts and weekly reports: 👉🏻 https://synapsetrading.com/daily-trading-signals

Links: 👉🏻 www.synapsetrading.com/links

Disclaimer: 👉🏻 https://synapsetrading.com/disclaimer/

Note: New reports are published every Monday.

Overview:

• CPI came in lower than expected, which means inflation is slowing down
• Bank earnings pretty good so far, more next week
• Earnings season in full swing
• Bearish: USD, AUD, NZD, JPY
• Bullish: GBP, EUR, CHF, Crypto, Bonds, China stocks
• Neutral: US stocks, Crude Oil, Commodities

News Last Week - CPI, Fed Minutes, Bank Earnings

Last week, the S&P 500 and Dow Jones Industrial Average experienced fluctuations as inflation in March dropped to its lowest level in almost two years, increasing optimism among investors. The March CPI report showed falling energy prices, rising services prices, and a slowdown in food inflation. Investors should keep an eye on durable goods prices as their increase could signal more challenges for inflation.

https://www.wsj.com/articles/track-how-u-s-banks-are-faring-in-first-quarter-earnings-beaff0cc