News Summary

• While the outlook could change with the introduction of new information, traders should exercise caution for now, avoiding blindly chasing suspicious rallies.If you're looking for an in-depth analysis of U.S. equity indices, our first-quarter stock market forecast is packed with great fundamental and technical insights..
• On that note, yields are likely to resume their advance once the dust settles, but to get a better sense of their trajectory, traders should closely follow Fedspeak.The following chart shows recent inflation trends for both the headline and core indicator.Looking for actionable trading ideas?.
• This means that new all-time highs for the precious metal and the technology index may have to wait a bit longer.On the inflation front, the December CPI report surprised to the upside, with the all-items index accelerating to 3.4% from 3.1% prior..
• Get the full trading guide now!DailyFX provides forex news and technical analysis on the trends that influence the global currency markets..
• Share:Most Read: US Dollar Bid as Sticky CPI Poses Dilemma for Fed, Setups on EUR/USD, GBP/USDGold prices and the Nasdaq 100 could be at risk of a larger downward correction following the latest set of consumer price and unemployment claims figures released on Thursday..