U.S. inflation data
- Core Consumer Price Index (CPI) (m/m) (oct), fact 0.2%, forecast 0.2%.
- Core Consumer Price Index (CPI) (y/y) (oct), fact 2.3%, forecast 2.4%.
- Consumer Price Index (CPI) (m/m) (oct), fact 0.4%, forecast 0.3%.
Consumer prices in the United States in October showed a restrained multidirectional dynamics. The annual consumer price index slowed down, acting as a negative reporting factor. But at the same time, this indicator remains above the target of 2%.
Fig. 1. U.S. Consumer Price Index (CPI) Chart
The US dollar did not actually respond to multidirectional data, while maintaining a restrained dynamics. In fact, it remains limited by trade uncertainty and a side channel from 98.50-40 to 98.30-20.
Fig. 2. The US dollar index chart. Current price – 98.30 (10-year US government bonds yield – blue line)
Read also: “The national currency exchange rate
as an advantage in trade talks ”
Hanzenko Anton
Earn with the help of the trade service on the news Erste News!
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- The U.S.-China trade agreement news
- The trade war risks are coming back
- Upward dynamics of gold, resumption of growth or correction before the decline
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