Market Focus

On Tuesday, March 13, 2017, attention should be paid to the US economic calendar, on the data on the consumer price index. The consumer price index measures changes in the price of goods and services, with the exception of food and energy from the point of view of the consumer. This is the key way to measure changes in the buying and inflation trends in the US.

• Analysts predict that the growth of the base CPI in February will be 0.1%, which is lower than the previous value at the level of 0.3%. On an annualized basis, the growth rate remains at 1.8%.
• The consumer index will grow by 0.1%, which is lower than the growth in the previous period at 0.5%. On an annual basis, the growth rate remains at the level of 2.1%.

If the data released within the forecast, the US dollar will be under pressure, against the background of which I expect the US dollar to fall within 40 points against its competitors.

Alexander Sivtsov