National Bank Financial’s analysis team suggests that the US consumer price index could have increased no less than 0.4% in April thanks to a steep rise in gasoline prices, which would allow the year-on-year rate to rise two ticks to 2.1%. Key Quotes “The core inflation rate, meanwhile, could have gained 0.2% m/m, pushing the 12-month gauge up one tick to 2.1%.” “We’ll also keep an eye on the publication of trade balance data for March.” “Finally, several Fed officials are scheduled to give speeches, notably Jerome Powell (Thursday), Lael Brainard (Wednesday and Friday), Patrick Harker (Monday), Raphael Bostic (Thursday and Friday) and John Williams (Friday).” 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 GBP/JPY bounces off 145.00 mark, still deep in the red FX Street 3 years National Bank Financial's analysis team suggests that the US consumer price index could have increased no less than 0.4% in April thanks to a steep rise in gasoline prices, which would allow the year-on-year rate to rise two ticks to 2.1%. Key Quotes "The core inflation rate, meanwhile, could have gained 0.2% m/m, pushing the 12-month gauge up one tick to 2.1%." "We'll also keep an eye on the publication of trade balance data for March." "Finally, several Fed officials are scheduled to give speeches, notably Jerome Powell (Thursday), Lael Brainard (Wednesday and Friday), Patrick Harker (Monday), Raphael Bostic (Thursday… Top 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.
