Bot Window | Bot Window

DOW JONES making a Wedge in 1HR

DOW JONES was up on Wednesday after testing the low level of 44395 in the last trading session as the January CPI report is expected to show a slight acceleration in US core inflation to 0.3% from 0.2% on a monthly basis, while the annual rate is projected to slow slightly to 3.1% from 3.2%. The yield on the 10-year US Treasury note climbed above 4.55% on Wednesday, marking its fifth consecutive gain as investors awaited a crucial inflation report that could offer further insight into the direction of interest rates.