One of the best ways to gauge where inflation is heading is by tracking the relationship between crude oil prices and the U.S. Consumer Price Index (CPI).
If we take a moment to observe their movement from the 1980s to today, we can see that they have generally moved in tandem. The year of their peaks and troughs are in synchronization.
So, who is leading whom?
Is it the inflation data that drive crude oil prices higher or lower — or is it crude oil prices that influence the inflation trend?
WTI Crude Oil Futures & Options
Ticker: MCL
Minimum fluctuation:
0.01 per barrel = $1.00
Disclaimer:
• What presented here is not a recommendation, please consult your licensed broker.
• Our mission is to create lateral thinking skills for every investor and trader, knowing when to take a calculated risk with market uncertainty and a bolder risk when opportunity arises.
CME Real-time Market Data help identify trading set-ups in real-time and express my market views. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs tradingview.com/cme/
If we take a moment to observe their movement from the 1980s to today, we can see that they have generally moved in tandem. The year of their peaks and troughs are in synchronization.
So, who is leading whom?
Is it the inflation data that drive crude oil prices higher or lower — or is it crude oil prices that influence the inflation trend?
WTI Crude Oil Futures & Options
Ticker: MCL
Minimum fluctuation:
0.01 per barrel = $1.00
Disclaimer:
• What presented here is not a recommendation, please consult your licensed broker.
• Our mission is to create lateral thinking skills for every investor and trader, knowing when to take a calculated risk with market uncertainty and a bolder risk when opportunity arises.
CME Real-time Market Data help identify trading set-ups in real-time and express my market views. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs tradingview.com/cme/
konhow@weipedia.com
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Похожие публикации
Отказ от ответственности
Информация и публикации не предназначены для предоставления и не являются финансовыми, инвестиционными, торговыми или другими видами советов или рекомендаций, предоставленных или одобренных TradingView. Подробнее читайте в Условиях использования.