Australia consumer prices subdued in Q1

Australia consumer prices subdued in Q1 with core inflation staying below the Reserve Bank of Australia's inflation target. The soft print on inflation increases the expectations that the RBA could see interest rates going nowhere for a considerable amount of time. Data from the Australian Bureau of Statistics showed that consumer prices rose...

2018-05-04 John Benjamin Read more
US Core Consumer Price Rises

Consumer prices in the United States fell in the month of March. The declines were broadly attributed to the decline in gasoline prices. Still, the underlying inflation pressures showed signs of picking up. The U.S. consumer price index data or the CPI reflects what the average American paid for, from housing to healthcare. The headline CPI f...

2018-04-23 John Benjamin Read more
April BoC meeting

Following a rather volatile week, which started with China announcing retaliatory tariffs on U.S. imports and the equity markets gyrating, the week ahead will see investors turning their attention to the Fed meeting minutes and US inflation which stands out amid a rather quiet economic calendar. Elsewhere, central bank chiefs including; BoJ's...

2018-04-11 John Benjamin Read more
Final GDP releases

Economic data for the week ahead will slightly take a back seat with only a few central bank meetings lined up. The Swiss National Bank will be holding its quarterly monetary policy meeting this week. The 3-month LIBOR rate is expected to remain unchanged. Later, the Norges bank will be holding its monthly monetary policy meeting. Norges bank...

2018-03-23 John Benjamin Read more
US CPI increase

The US CPI increase or Consumer prices were seen to be rising more than expected during the month of January, official data showed last week. Headline CPI increased 0.5% on a month over month basis while core inflation rate rose 0.3% on the month. This was higher than the forecasts of 0.3% on the headline and 0.2% on the core. On an annual ba...

2018-03-23 John Benjamin Read more
inflation

In terms of economic data, inflation is one of the key readings that can help traders gauge the strength of the economy and also the likely outlook and action of the relevant central bank. Inflation is generally tracked through the monthly, and in some countries quarterly, release of CPI data.   CPI The Consumer Price Index tracks the ...

2018-02-26 James Harte Read more
UK Inflation expected to remain steady

Consumer price index data for the month of December will be the major data point coming out of the UK next week. However, consumer prices in the United Kingdom are expected to remain elevated above 3.0% for possibly the fourth consecutive month. Due to this UK Inflation expected to remain steady. Data from the UK's Office for national statist...

2018-01-18 John Benjamin Read more
US Flag_Department of Commerce

Many traders believe that today is a big day, and it will actually give them some clues about September Federal Reserve decision on whether to raise the interest rate again or not, depending on the upcoming Jobs Report, which will be released later today. However, this is not the case. The Federal Reserve’s decision is not connected with the Jo...

2017-09-01 Nour Eldeen Al-Hammoury Read more
USD Index_3005

After the US Jobs Report outcomes, which came in much better than expected, estimates were rising that the Federal Reserve will still be able to raise the Fed Fund Rate in September and probably in December. Such outcomes and the notable rise in the estimates of two more rate hikes this year has pushed the US Dollar higher at the beginning of l...

2017-08-14 Nour Eldeen Al-Hammoury Read more
Japan_bank_Yen

Earlier this morning and during the Asian session today, the Bank of Japan left its current policy unchanged as widely expected. Below some key points of the Bank of Japan statement Maintains short-term interest rate target at -0.1 pct Maintains 10-year JGB yield target around zero pct Leaves unchanged pledge to buy JGBs so that it...

2017-07-21 Nour Eldeen Al-Hammoury Read more