Looking to trade post release? Read on for more on approaching volatile conditions after news events.

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GBP/USD edged higher following the UK data release before paring gains to trade flat. All eyes turn to the US CPI release with the pair in need of a catalyst.

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Crude oil benefitted from optimism that demand from China might escalate if they continue to open their economy. US CPI later today might move markets. Will WTI keep rallying?

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Gold prices fell ahead of key US CPI data due later on Tuesday. XAU/USD is flirting with breaking under a bearish Rising Wedge ahead of the data. Will it be punished?

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Anxiety is rippling through the markets in advance of the heavy event risk ahead. While the FOMC rate decision may be the peak event – particularly for the US – the last release of US CPI proved a serious event itself. The anticipation is so extreme that both the VIX and S&P 500 rallied in tandem the most in over 25 years.

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