Tuesday 14 March 2023

CPI US report showed that monthly inflation rose by 0.4% in February from January, in line with expectations, resulting in annual inflation slowing to 6%, the lowest since September 2021. Still, the same report showed that core inflation exceeded expectations, underscoring a still challenging macro environment.

WTI crude futures fell toward $74 per barrel on Tuesday, extending losses from the previous session as the collapse of SVB raised fears on risky assets.

Dow Jones slid further on fifth day in a row and closed at 31,819 down 0.28% (-90 points).

The Nikkei 225 Index plunged 2.4% today.

Gold above 19k as US Dollar Index slides below 104.