Market Focus on inflation and result of mid-election of USA

Investors are mostly focused on Thursday's inflation data. Expect of İnflation USA  is low in the market. If it to announce low, But the outlook for inflation shows an increase and probably  interest rate increase will 75 pbs  in USA.

Annual inflation Septamber was 8,2 but for annual inflation October expected is 7,9. On a monthly basis, an increase from 0.4% to 0.6% is expected. Core inflation is expected to decline from 6.6 percent to 6.5 percent.

The dollar is rising, but the 30-year bond is falling. The stock market has an uncertain trend before the announcement of the inflation rate and the results of the mid-term elections. If the Republicans gather votes , it will be hard for Biden. It will be creat potensial preblems of dollar. USA Systematic risk of level is up, probably it value of dollar will decrease. İn this time invest at the gold is best choose, but the rise in interest rates may catch the growth of the yellow metal.