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Over a year, the Consumer Price Index (CPI) should rise by 2.2% in May 2024, as in April, according to the provisional estimate made at the end of the month. This stagnation in inflation should be explained by a slight slowdown over a year in prices of services and tobacco, offset by a sharp acceleration in energy prices due to a base effect. Indeed, ...
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Natural gas fell below its head and shoulders neckline to signal that a downtrend is in the works. Price might be in for a drop that’s at least the same height as the chart formation. However, the 100 SMA is still above the 200 SMA to suggest that the path of least resistance is to the upside or that the rally might still resume. The gap between the ...