Trading Plan – Monday 13th November 2023: All eyes on US CPI

Mark NugentNov 2023, Trading Plan

Trading Plan – Monday 13th November 2023: All eyes on US CPI

Good afternoon.

This week is all about inflation, particularly US CPI tomorrow. Economists are expecting a significant move down in headline inflation for October. If this does happen, the US is probably at peak interest rates and the next move will be a cut. The FedWatch tool is predicting three 25 basis-point cuts next year, starting in June.

UK inflation comes in on Wednesday where the expectation is for a significant move down in both headline and core inflation. I think the UK could do with some good news. It’s been tricky recently. Tricky.

As always, I go through my trading themes for the week in your video.

I will be back tomorrow to chew the cud on US inflation (which is published at 1330 UK-time).

VIP Club members can see today’s video, all brief trading videos, the Monthly and YTD Performance videos, the Trading Video Course and download the MTM Indicators software HERE