Loading…

U.S. October CPI increased 0.4% month over month, while core CPI rose 0.3%; both readings exceeded forecasts. The data strengthened expectations of a December Fed rate increase, the dollar rose, and gold fell about 2.2%.
A stronger dollar and higher expected rates can pressure dollar-priced commodities, though the article identifies no direct feed-market supply or demand change.
After 2,356 past bullish macro events, US Dollar (Broad) moved a median +0.2% over 5 sessions (60% higher; middle half -0.3% to +0.7%), and +0.4% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.