US, India Inflation Cooling Down!!

US, India Inflation Cooling Down!!

US Inflation slowed to 6.5% and Core inflation 5.7% in 2022 December.
India's Inflation (CPI) cooled further in December to 5.72% which is lower than expecatation.

After the Inflation Data, FED is expected to increase rates at slower phase, supports 25 BPS increase.

Gold crossed $1900 as the dollar continued to fall.

Brent crude climbed to around the $84 on optimism that demand will grow this year.

As the data supports a positive turnaround in Economy, Its time for market to carry the positivity further.
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