Geopolitics Alpha

Sterling today: Pound edges lower as dollar firms ahead of US PCE, GDP data

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GEOPOLITICS ALPHASterling today: Pound edges loweras dollar firms ahead of US PCE,GDP dataGEOPOLITICS ALPHA

This report is about inflation and prices and the UK.

Directly affected

  • No company is named in this report.

Indirectly affected

  • TIP iShares TIPS Bond ETF-0.5% 30d

    iShares TIPS Bond ETF: it is a common hedge when prices rise. Linked by “pce” (inflation and prices) in this story.

  • XLP Consumer Staples Select Sector SPDR-4.0% 16d

    Consumer Staples Select Sector SPDR: it is a common hedge when prices rise. Linked by “pce” (inflation and prices) in this story.

  • EWU iShares MSCI United Kingdom ETF-2.3% 30d

    iShares MSCI United Kingdom ETF holds stocks listed in the UK, which this story is about (“sterling”).

  • FXB Invesco CurrencyShares British Pound Trust-1.6% 10d

    Invesco CurrencyShares British Pound Trust follows the British pound, whose moves this story covers.

  • WMT Walmart+14.9% 30d

    Walmart (variety stores): big consumer-goods sellers feel price rises in costs and shopper demand. Linked by “pce” (inflation and prices) in this story.

  • COST Costco Wholesale+12.7% 30d

    Costco Wholesale (variety stores): big consumer-goods sellers feel price rises in costs and shopper demand. Linked by “pce” (inflation and prices) in this story.

  • PG The Procter & Gamble+10.6% 30d

    The Procter & Gamble (soap, detergents, cleang preparations, perfumes, cosmetics): big consumer-goods sellers feel price rises in costs and shopper demand. Linked by “pce” (inflation and prices) in this story.

  • KO The Coca-Cola+8.0% 30d

    The Coca-Cola (beverages): big consumer-goods sellers feel price rises in costs and shopper demand. Linked by “pce” (inflation and prices) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
TIPNo price data for this ticker———————
XLPNo price data for this ticker———————
EWUNo price data for this ticker———————
FXBNo price data for this ticker———————
WMTNo price data for this ticker———————
COSTNo price data for this ticker———————
PGNo price data for this ticker———————
KONo price data for this ticker———————

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

Market Call

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Sterling today: Pound edges lower as dollar firms ahead of US PCE, GDP data Investing.com

Source: Investing.com

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Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

This story

12 out of 100

“Sterling today: Pound edges lower as dollar firms ahead of US PCE, GDP data” scores 12 out of 100. The score uses 1 sources.