The Nasdaq surged by 320 points on Tuesday and continued to rise in morning trading on Wednesday (August 13, 2025), breaking its all-time high at 23,965. <\/p>\n
This increase came after the release of inflation data (consumer price index\/CPI) for the United States on Wednesday evening. The CPI was reported to grow by 2.7% year-on-year (YoY) for July, matching forecasts from Trading Central along with the previous month’s growth. <\/p>\n
In contrast, the core inflation, which excludes food and energy sectors, increased by 3.1% YoY. This figure surpassed the forecast of 3% YoY and the growth of 2.9% YoY in June. <\/p>\n
Inflation is considered a key reference for the Federal Reserve when determining monetary policy. Interestingly, the rise in core inflation did not impact the likelihood of a rate cut by the Fed next month. According to the FedWatch tool, market participants estimate a 95% probability that the Fed will reduce interest rates by 25 basis points to a range of 4%-4.25%. <\/p>\n
This positive sentiment boosted stock indices, with the Nasdaq inching closer to the 24,000 mark. Meanwhile, Gold has also benefited from the strong likelihood of a rate reduction by the Fed. The precious metal is beginning to rebound, although it remains constrained by the sharp rise in stock indices. There\u2019s a strong possibility that Gold may also experience a significant increase in the future, especially as the US dollar is facing pressure, which could provide additional positive sentiment for Gold.<\/p>\n","protected":false},"excerpt":{"rendered":"
The Nasdaq surged by 320 points on Tuesday and continued to rise in morning trading on Wednesday (August 13, 2025), breaking its all-time high at 23,965. This increase came after the release of inflation data (consumer price index\/CPI) for the United States on Wednesday evening. The CPI was reported to grow by 2.7% year-on-year (YoY) […]<\/p>\n","protected":false},"author":4,"featured_media":81757,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[142,5173],"tags":[5178,5168],"class_list":["post-81758","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trading-analysis","tag-nq","tag-xauusd"],"yoast_head":"\n