Over the past week, we have an important report from inflation which is at the heart of everyone’s attention. The CPI Annual inflation rate in the US accelerated to 9.1% in the month of Jun 2022, which records the highest in 41 years, and above the market forecasts of 8.8%. Energy prices rose the most with a 41.6% increase – contributed by fuel oil at 98.5%, gasoline at 59.9% and electricity by 13.7%. Food inflation, which hits raw materials and the rest of everyone also rose to 10.4% in the month of Jun 2022. Overall CPI DataEnergy SegmentFood Segment With inflation continues running aggressively, the market expects the Fed to raise by 75-100 basis points comes the Fed meeting later in the month. What was surprising though was how the market behaves following the CPI report. Market was initially very red during pre-market following the CPI report, but quickly turned positive into strength once market opens. This happened again the following day when market...