[Weekly Wrap] 📊Inflation Surprise and Top Quarterly Trend

Your digest with best market insights💥

Weekly Market Recap March 17  - March 23, 2024 Explore boundless trading opportunities with our cloud-based charting platform, the ultimate hub for analyzing forex, cryptocurrency, and stock markets. With this tool, you can take control of your trades like never before!  Set customized alerts and unlock a range of advanced features. Try this new charting software here. Hey Z, It was a data-packed week for the markets this week! The catalyst for the week was the surge in the U.S. CPI inflation data.  In February, underlying U.S. inflation surpassed expectations for the second consecutive month.  The overall Consumer Price Index (CPI) climbed 0.4% from January and 3.2% from a year ago.  Meanwhile, the core CPI, excluding food and energy costs, surged by 0.4% from January, reflecting a 3.8% increase from a year ago.  This data reinforces the Federal Reserve's cautious stance on interest rate cuts.  We will know how and if interest rates move in the Fed's upcoming policy meeting on March 19-20. Our pro analysts have prepared themselves with a few exclusive trades for this upcoming BIG event. Click here to see their trades. Here's a scoop of other market movers from the week: 1. Producer Prices Rise: Apart from the CPI, prices paid to U.S. producers also saw an increase in February, driven primarily by higher fuel and food costs. The Producer Price Index (PPI) for final demand rose by 0.6% from January, marking the largest monthly advance in six months. 2. U.K. Economic Growth: Britain's economic output grew by 0.2% in January, meeting expectations after experiencing a shallow recession in the second half of 2023. However, GDP in January remained 0.3% lower than the previous year. 3. Japan Averts Recession: Japan narrowly avoided recession in the last quarter. The revised data shows gross domestic product (GDP) was 0.4% higher in the last three months of 2023 compared to a year earlier. See how we are trading this data. 4. OPEC Outlook: OPEC reaffirmed its forecast for 2024, anticipating oil demand to grow by 2.2 million barrels per day. The report also predicts a rise in crude supply outside OPEC by 1.1 million barrels per day.  That’s a wrap for this week! To your success, Tad DeVan Senior Currency Strategist Market Traders Institute . TRADE OUR PREDICTION ⏰ Clock’s Ticking for Our Q1 Top Priority Trade The Black Gold Prediction with our TOP PRIORITY trade for Q1 is nearing an end. If you haven’t seen it, there’s still time to follow this play. Click here to get all the details. Crude Oil and a few CAD-based currency pairs have been in the market focus lately. We’re going to show you why in a special LIVE trading webinar.  The opportunity at stake is unbelievable with over 5,500 pips off one move!!! Save your spot here. TRENDS WE ARE TALKING ABOUT Monday 11:00 AM EST The USD Was Up 9 weeks in a Row. The JPY Can Be Your Next Trade. See it LIVE The strong move in the Dollar came from rising interest rates. The Bank of Japan can lead the Yen the same way. Even a hint of rate movement can send the Yen on a massive run. See how to trade it LIVE. REGISTER FOR FREE → Monday 1:30 PM EST  The ABCD Pattern with AUTOMATION in the FOREX Market See the method and tools our traders are using to get results in the market, LIVE.   REGISTER FOR FREE → Monday 7:00 PM EST See How Our Students Use the Hybrid Trading Room to Get RESULTS in the FOREX Replicating what works is the key to success. Instead of trial and error, you can replicate our trades. See How to do it in this LIVE Webinar and be ready to trade the FOREX as soon as Wednesday.   REGISTER FOR FREE → *Predictions are not a guarantee of this or any result. Information provided on this prediction is for general information purposes only. We offer no representation or warranty with regard to this prediction. No prediction is personalized or otherwise directed at any individual or particular circumstances. We disclaim and will not accept any liability for losses associated with this prediction. **Predicted movements expected to last from 1st January, 2024 through 31st March, 2024. Copyright © 2024 Market Traders Institute 2301 Lucien Way Maitland, FL, 32751 International: 407.585.2417 USA & Canada: 866.787.8558 Click here to Manage Your Email Preferences All trading carries significant risk. Please see our full risk disclaimer.