Wall Street Bank Urges Hedging Ahead of July CPI Data

A Wall Street bank, Wells Fargo, is advising clients to hedge ahead of July's Consumer Price Index (CPI) release, as its sentiment indicator reached 1.4 in August, the highest level since January 2018.

11 Aug, 10:50 — 11 Aug, 10:50

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marketwatchMostly Factual2d ago

Wall Street bank urges hedging into July’s CPI — as sell trigger hits highest level in eight years

Well’s Fargo’s sentiment indicator reached 1.4 in August, its most since January 2018.

By Nora Redmond

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Wall Street Bank Urges Hedging Ahead of July CPI Data

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Wall Street bank urges hedging into July’s CPI — as sell trigger hits highest level in eight years

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