Markets In a first reaction, markets doubted how to react to US CPI release. US Headline consumer prices rose 0.5% M/M and 6.4% Y/Y (from 0.1%MM and 6.5% Y/Y). Core inflation printed at 0.4% M/M and 5.6% Y/Y (from 5.7%). Monthly moves were close to, but higher than, expectations. The report suggests that the disinflationary […]
The post Focus for Global Trading Remains on the US with January Retail Sales appeared first on Action Forex.