Good potential – 300 pips on the US CPI!
Dear traders,
Already in an hour, at 15:30 Kiev time, the consumer price index report in the USA for September will be released. The amplitude of oscillation can be under 300 pips.
Core consumer price index (CPI) (y/y) (September) is expected to be 2.3%, against the previous value of 2.2%. And core consumer price index (CPI) (m/m) (September) will be 0.2% versus the previous value of 0.1%.
The publication of consumer prices data in the US for September will be the main event of the week. The main forecasts point to a growth of this indicator by about 0.1%, which, given the justification of hope, may serve as a reason for the strengthening of the American currency and the growth of inflationary pressure in the United States, which is guided by the US Fed in its policy of raising interest rates. (Anton Hanzenko)
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