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Tag: CPI data

EUR/JPY loses ground as the Japanese Yen strengthens following Tokyo CPI Data for November. Tokyo's core inflation rose by 2.2% YoY, against the expected 2.1% increase, and marked the highest inflation reading in three months. Eurozone Core HICP...
Bank of England (BoE) Deputy Governor Dave Ramsden spoke late in the London market session on Wednesday, highlighting the BoE dove's stance on rate cuts versus the UK's current inflation outlook. The BoE policymaker shrugged off...

Will cooling inflation in Canada point to a half-point rate cut by the BoC next week?

The Canadian Consumer Price Index is expected to rise 1.8% YoY in September. The Bank of Canada has reduced its policy rate by 75 bps...

Forex Today: Investors’ attention remains on US inflation

Sticky US CPI data and hawkish comments from Fed officials lent extra support to the Greenback on Thursday prior to the release of further...

What Just Happened: What is CPI inflation, and why does it matter?

What just happened? US Consumer Price Index (CPI) inflation vexed markets in September, with headline CPI inflation falling less than expected on an annualized basis...

US CPI data due Thursday. Here are the ranges of estimates (& why they’re crucial to know) | Forexlive

Later today, Thursday, 10 October 2024, we get the US consumer inflation data for September. Due at 1230 GMT, which is 0830 US Eastern...

Australian Dollar extends decline as traders brace for US CPI data

The Australian Dollar remains under selling pressure in Thursday’s Asian session.  The firmer USD and lack of further China’s stimulus measures drag the pair lower.  The...

Gold price edge lower as traders eye US CPI data

Gold declined as Fed Minutes revealed a “substantial majority” backed a 50 bps cut, while some preferred 25 bps. CME FedWatch Tool shows lower odds...

Forexlive Americas FX news wrap: US jobs report is strong. USD, yields and stocks rise | Forexlive

The US September jobs report today exceeded expectations, with non-farm payrolls increasing by 254K compared to the 140K anticipated. The unemployment rate fell slightly...

Friday has PCE data in the US, but Thursday is full of Fedspeak | Forexlive

On Friday, the Fed's favored measure of inflation PCE will be released with expectations of:Core PCE, est 0.2% vs 0.2% last monthPCE headline, Est...

Investor expectations for big Fed rate cut rises on new data

Investors who fund most mortgages have already priced in several rate cuts, so further declines could depend on what next week’s “dot plot” says...

German inflation set to fall further in August, paving way for more ECB rate cuts

Germany’s statistics agency, Destatis, will publish the CPI data on Thursday. Headline CPI is set to rise by 2.1% YoY in August. The ECB is...

Nasdaq Slumps as CPI Data Aligns with Expectations

<!-- Nasdaq Slumps as CPI Data Aligns with Expectations ...

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