The high-impact US Consumer Price Index (CPI) inflation data for April will be published by the Bureau of Labor Statistics (BLS) on Wednesday at 12:30 GMT.
The US Consumer Price Index is set to rise 3.4% YoY in April, following the 3.5% increase in March. Annual core CPI inflation is expected to edge lower to 3.6% in April. The inflation report could influence the timing of the Fed’s policy pivot. The high-impact US Consumer Price Index inflation data for April will be published by the Bureau of Labor Statistics on Wednesday at 12:30 GMT.
0820 area, where the 200-day and the 100-day Simple Moving Averages are located, into support to extend its uptrend. Above this area, 1.0900 could be seen as interim resistance before 1.0980 .” “If EUR/USD fails to clear 1.0800-1.0820 area, buyers could get discouraged. In this case, supports could be seen at 1.0720 and 1.0600 .
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Japan Inflation: Tokyo Consumer Price Index rises 1.8% YoY in April vs. 2.6% expectedThe headline Tokyo Consumer Price Index (CPI) for April rose 1.8% YoY, compared to a 2.6% rise in the previous reading, the Statistics Bureau of Japan showed on Friday.
Read more »
Trading CPI: How stocks could react to Wednesday’s inflation reportThe consumer price index reading for April is slated for release at 8:30 a.m. ET.
Read more »
EUR/USD Weekly Forecast: Optimism surges ahead of the United States Consumer Price IndexAn uneventful week ended with some more action, as choppy trading prevailed until Thursday.
Read more »
Australia Consumer Price Index set to grow at steady 3.4% in MarchAn Australian inflation update takes the spotlight this week ahead of critical United States (US) macroeconomic data.
Read more »
Inflation rose to 2.2% in producer price index in April in bad news for the FedInflation, as measured by the producer price index, rose to 2.2% for the year ending in April, the Bureau of Economic Analysis reported Tuesday.
Read more »
Bitcoin (BTC) Price: Price Index and Live ChartLive Bitcoin (BTC) price index, charts, marketcap, and news. Click here for the latest Bitcoin market trends from The Block.
Read more »