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PRICE PRESSURES PERSIST An inflation report for December showed consumer prices increased more than expected. CPI rose 0.3% in December, according to the Labor Department data, slightly more than expectations of a 0.2% rise. On an annual basis, CPI was up 3.4% year on year, also above a 3.2% rise predicted by economists polled by Dow Jones. The increase in prices was mainly driven by higher shelter costs. Source: CNBC BITCOIN RALLIES TO 2-YEAR HIGH OF $49,000 THEN FIZZLES AS CRYPTO ETFS DEBUT Bitcoin rose in volatile trading Thursday after the Securities and Exchange Commission gave the green light for the first-ever spot bitcoin ETFs to trade in the US, as expected. The cryptocurrency was last up 1% at $46,, according to Coin Metrics. Earlier, it punched above $49,000, reaching levels not seen since December 2021. Meanwhile, the price of ether jumped 5% to May 2022 highs. It last traded at $2,. Source: CNBC OIL PRICES JUMP MORE THAN 2% Oil prices rose after Britain and the United States carried out military strikes against targets in Houthi-controlled areas of Yemen, as tensions in the Red Sea mount further. Global benchmark Brent jumped % higher to $ a barrel Friday Asia trading hours, while the U.S. West Texas Intermediate futures climbed 2.4% to $ per barrel. Source: CNBC 🌐 FXOpen official website: Join us on our social networks: ✅ ✅ ✅ ✅ CFDs are complex instruments and come with a high risk of losing your money.
