Oil rises 2% on lower-than-expected US inflation data

After 487 past bullish macro events, Crude Oil (WTI) moved a median +1.0% over 5 sessions (60% higher; middle half -2.0% to +4.0%), and +1.5% over 20.

• Aug 18, 2021Canadian dollar rallies after hotter-than-expected inflation data+1.5%
• Nov 10, 2022Oil prices settle 1% higher on tepid U.S. inflation data | Reuters-0.2%
• Mar 31, 2023Oil Rises On Cooling US Inflation, Lower Global Supplies+8.6%
• Jul 28, 2019C$ steadies, after hitting 1-month low on better-than-expected US data - The Business Times-0.8%
• Jan 27, 2025Renewed inflation worries help drive oil price rally | Reuters-2.8%

After 1,637 past bearish macro events, US Dollar (Broad) moved a median -0.2% over 5 sessions (39% higher; middle half -0.6% to +0.3%), and -0.2% over 20.

• Jan 1, 2026Dollar falls versus yen after smaller-than-expected rise in US inflation, euro eases+0.3%
• Nov 10, 2022Oil prices settle 1% higher on tepid U.S. inflation data | Reuters-1.6%
• Mar 31, 2023Oil Rises On Cooling US Inflation, Lower Global Supplies-0.1%
• Nov 15, 2023Ringgit Gains Ground As US Dollar Weakens On Lower-Than-Expected CPI Data-0.9%
• Nov 14, 2023Wall St, European stocks fly on soft U.S. inflation data | Reuters-1.8%