Analysts at TD Securities point out that UK’s headline inflation came in a tick below market expectations, at 1.8% y/y, while core inflation held steady at 1.9% y/y. Key Quotes “The headline figure, however, was exactly in line with the BoE’s week-ago forecast, so should provide no surprises there. OFGEM’s price cap on energy prices contributed to the weaker inflation figure, with household energy prices registering sharp declines in January.” “With hard economic data deteriorating sharply amidst Brexit uncertainty, today’s near-target inflation report provides little to chew on for markets. Also out this morning, Visa spending data for January paints a picture of downside risks to Friday’s retail sales report.” “Visa data suggests a fall of around half a percent, but the error bands around this data can be large in some months.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Eurozone: Industry sees hole deepen at the end of 2018 – ING FX Street 3 years Analysts at TD Securities point out that UK's headline inflation came in a tick below market expectations, at 1.8% y/y, while core inflation held steady at 1.9% y/y. Key Quotes "The headline figure, however, was exactly in line with the BoE's week-ago forecast, so should provide no surprises there. OFGEM's price cap on energy prices contributed to the weaker inflation figure, with household energy prices registering sharp declines in January." "With hard economic data deteriorating sharply amidst Brexit uncertainty, today's near-target inflation report provides little to chew on for markets. Also out this morning, Visa spending data for January paints… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
