CPI

The market focus this week is likely to be on the US dollar with two main events that could shake up the markets. On Tuesday, Fed Chair Jerome Powell will start his semi-annual testimony before Congress. Then the main event is likely to be…
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UK OIL hits a fresh high Oil (UK Oil) prices pushed to a six-month high, raising fresh inflation fears as the Chancellor of Britain attempts to play down ongoing worries over the economy. The evident cold weather season is a general…
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The dollar has gained substantially after Friday's Non Farm Payrolls blew all expectations out of the water. As a result, the market has made a major shift in its projections for the next Fed cuts. The next data coming out on Wednesday…
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The consensus is that EuroStat will report that inflation increased in the Euro Area during December when it releases its preliminary data on Tuesday. But, the consensus is also that the ECB is inclined to keep easing, potentially even more…
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Wednesday sees the release of the last major US CPI data that could affect next week's pivotal FOMC meeting. There is a pretty strong consensus now that the Fed will go through with its final rate hike of the year. The US CPI data figures…
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Normally, inflation data like what we will get out of the EuroZone over the next couple of days, especially the November CPI, is pivotal for currencies. And that might still be the case, if the data comes significantly out of line from…
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Over the last week, the rise in the USDJPY has stalled out, which could be crucial ahead of key data on Friday.The Bank of Japan has said it will be data dependent, and inflation is the most important information for a central bank. So, the…
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This week has a lot of risk events for the Euro. Two key data points will be released, the Euro CPI figures and Q3 growth estimate. But the national components will come out ahead of the data for the whole of the EuroZone, giving the market…
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Somewhat counterintuitively, cable hit a one-month low on Friday after UK GDP improved, although in line with expectations. It appears that traders are assessing that the shifts in central bank outlooks, particularly BOE easing, are leaving…
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The twin most important events this week for the markets are likely to be CPI and the FOMC Minutes a day later. This is because the shocker of NFP on Friday has thrown the market rate calculus into disarray, and some additional insight is…
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