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Podcast - China deflation, US inflation preview, gas price spike

OANDA Senior Market Analyst Craig Erlam joins Jonny Hart and Trader Nick to discuss the US CPI data and what it means, preview the US CPI release and cover the spike in gas prices.

10-08-2023 03:23 GMT by Craig Erlam

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USD/JPY higher on strong demand for 10-year notes; Commodities diverge

Thursday's inflation report to seal the deal for a Fed hold in September Treasury sells 10-year notes with strong demand as yields drop China deflation raises prospects of more stimulus USD/JPY rose after a strong auction signaled that Wall Street is very confident that inflation will continue to fall. It looks like investors will gladly be eating all the extra issuance that comes from the Treasury.

09-08-2023 15:44 GMT by Edward Moya