According to analysts at Deutsche Bank, January CPI report in the US due this afternoon is the data highlight of the week. Key Quotes “The consensus expects a +0.2% mom core reading although base effects are expected to result in a small pullback in the annual rate to +2.1% yoy. That said, the seasonal revisions this week resulted in a slightly lower January 2018 reading which therefore makes for a lower hurdle to keeping the year-on-year rate near recent levels.” “Our US economists also highlight that the December print was boosted by outsized gains in a few specific categories so it wouldn’t be a great surprise to see some payback. Another interesting point our colleagues make is that January prints have tended to be higher than in other months, suggesting some residual seasonality.” “Over the past five years, January prints have averaged about 5bps higher than the prints in the other months of the year, though the recent methodological revisions are supposed to reduce this discrepancy by around half. So a bit more uncertainty than usual in the numbers today.” 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 Fed: What did Fed officials say about the US economy and monetary policy this week FX Street 3 years According to analysts at Deutsche Bank, January CPI report in the US due this afternoon is the data highlight of the week. Key Quotes "The consensus expects a +0.2% mom core reading although base effects are expected to result in a small pullback in the annual rate to +2.1% yoy. That said, the seasonal revisions this week resulted in a slightly lower January 2018 reading which therefore makes for a lower hurdle to keeping the year-on-year rate near recent levels." "Our US economists also highlight that the December print was boosted by outsized gains in a few specific categories… 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.
