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US CPI recap: Food prices surge by their most in over 40 years
Inflation is becoming more widespread across a broad swathe of consumer spending categories, raising the risk that it could become entrenched.
AU Q1 CPI preview and what next for the ASX200
Tomorrow morning sees the release of March quarter Australian inflation data. It will likely be remembered as the final data point to confirm the end of an era of ultra-low interest rates in Australia and set the scene for an RBA interest rate hike as early as next month.
“As expected” Canadian CPI data disappoints USD/CAD traders
There was no “beat” of expectations as in the US and UK, and as a result, the Canadian Dollar sold off vs the US Dollar
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European Open: 113 Could Be Key for USD/JPY Around US CPI
USD/JPY fell below 113 for the first time in a month following strong producer prices. And we suspect that area will be pivotal around today’s inflation print.
Super inflation Wednesday!
With all the inflation data due out Wednesday, some currency pairs could get volatile
US Dollar: Multi-year high in Core CPI revives Fed rate hike expectations
After getting clobbered in the first two weeks of February, last week’s recovery in the US dollar was hardly surprising. What was more surprising though […]