The dollar index fall this week after the oil price jumped by 5$ and the lower numbers of Jobs Adding.
This will lift the probability of “less than expected” NFP and “higher than expected” Unemployment Rate, causing a big sell on the dollar index and on the stocks, a lifting the Gold Up.
The labor market is starting to go down, so the inflation might go down a little bit but as per forecast, they expect a CPI of 6.0% Y/Y, the same as last month ; a negative PPI and Retail sales.
These few days will be important to show the way of the inflation but as showen, the US econony is going into recession soon.
