Previewing the US inflation report, which will be released on Wednesday, TD Securities analysts said that they think the Consumer Price Index (CPI) rose strongly in July and it wasn’t caused just by rising crude oil prices. Key quotes “We forecast a 0.3% m/m rise in core prices. We expect relatively strong gains in airfares, other lodging, and used vehicle prices in particular. That said, we think the slowing in rents is more indicative of the trend in the year ahead.” “We expect the 12-month change in core prices to remain low at 1.2% in the July report.” 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 USD/CAD bears struggle to maintain the upper hand as dollar extends bullish correction FX Street 2 years Previewing the US inflation report, which will be released on Wednesday, TD Securities analysts said that they think the Consumer Price Index (CPI) rose strongly in July and it wasn't caused just by rising crude oil prices. Key quotes "We forecast a 0.3% m/m rise in core prices. We expect relatively strong gains in airfares, other lodging, and used vehicle prices in particular. That said, we think the slowing in rents is more indicative of the trend in the year ahead." "We expect the 12-month change in core prices to remain low at 1.2% in the July report." 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.
