When we review the market news today, we realized that now the market is very extreme on upcoming CPI prediction in both different directions.
On one side, JPMorgan believes that on January 12, US500 may rise by 1.5 – 3.5% on the CPI report if consumer inflation slows down again.
On the other side, some of the world’s largest asset managers, such as BlackRock Inc.,
Fidelity Investments, and Carmignac, warn that markets are undervaluing inflation and the US top rate peak just as they did a year ago.
It is not that often that markets are so extreme in both directions. In this situation, we recommend that, if you prefer to play safe, maybe is not a bad idea to stop Ophichus EA and Limitless EA trading tonight or tomorrow morning before the CPI release.
We understand that it is quite late to send out this notice but then Forex Market and News are changing so fast and we try out best to inform our clients whenever we smell something not right.
We could be wrong, but we are rather cautious than putting our client in a dangerous situation. We hope you understand our intention. Happy Trading!
