forex forum binary options trade - Forex - US CPI report coming up on Tuesday, 13 September 2022 - preview
  • Welcome to forex forum binary options trade. Please login or sign up.

US CPI report coming up on Tuesday, 13 September 2022 - preview

Started by forex4you, Sep 12, 2022, 12:37 pm

Previous topic - Next topic

0 Members and 1 Guest are viewing this topic.


US CPI report coming up on Tuesday, 13 September 2022 - preview

<p>The August inflation report from the US is due Tuesday:</p><ul><li>
snapshot from the ForexLive economic data calendar, <a href="">access
it here</a>.</li><li>
times in the left-most column are GMT. </li><li>
numbers in the right-most column are the 'prior' (previous
month/quarter as the case may be) result. The number in the column
next to that, where is a number, is the consensus median expected.</li></ul><p>

---</p><p>Via Scotia, in summary:</p><ul><li>Tuesday's CPI figures ...  may further inform whether the FOMC hikes by 75bps or 50bps on September 21st but there is a high bar to whether they matter.</li><li>I say high bar because when given the opportunity to lean against market pricing for a 75bps move, Chair Powell took a pass in his appearance at a Cato Institute event. Several of his FOMC colleagues appeared to behave similarly. </li><li>It would probably take a big downside miss to core CPI to knock the Fed off course and even that is not assured.</li><li>It's the annualized month-over-month core CPI reading that matters more than the year-over-year rate and so an estimated 6.3% m/m SAAR reading in core CPI would likely motivate the FOMC to believe that underlying inflation continues to run hot with broad pressures.</li><li>One input to the call is the Cleveland Fed's CPI 'nowcasts.' ...  They have been a useful but not infallible source of input into the estimates. Still, the signal on core inflation points to a hot reading that should have markets looking through headline influences stemming from energy prices.</li></ul>

                This article was written by Eamonn Sheridan at

Source: US CPI report coming up on Tuesday, 13 September 2022 - preview
Forex4you offers wide range of trading accounts with DDE, NDDE and STP executions including more than 100 instruments. Forex4you is based on MetaTrader 4 trading platform. Clients have the advantage of daily technical and fundamental analysis, one-click trading, economic calendar, mobile trading applications, news and forecasts from Dow Jones (UK) and signals from Trading Central (US). In addition, Forex4you offers Forex dictionary, educational materials and lot of "How to" guides about Forex. Forex  beginners-guide-to-iq-option-complete-review forex4you review forex4you Forex4you Review - One of the Best Forex Brokers Forex4you Review - One of the Best Forex Brokers forex4you - PAMM forex broker review and feedback from traders  Affiliate programs  Forex4you Affiliate programs