Analysts at Nomura offered a preview for the key US event in US CPI. Key quotes: “CPI: We forecast a 0.2% (0.244%) m-o-m increase in the core CPI for September following a 0.082% advance in August (Consensus: 0.2%). On a 12-month basis, our forecast would be equivalent to 2.304% in September (Consensus: 2.3%), up slightly from the 2.190% pace in August.” “The relative softness in core CPI inflation in August was mostly concentrated in certain volatile core goods prices. Thus, we think core CPI inflation will likely return to its underlying trend that seems consistent with core PCE inflation running slightly above or close to 2% y-o-y.” “Among the noncore components, we expect a modest 0.1% m-o-m increase in food prices. Food-at-home price growth likely slowed based on incoming data on agricultural products, lowering aggregate CPI food prices. Energy prices, primarily led by volatile gasoline prices, did not move substantially in September and we expect a slight decline in CPI energy prices.” “Altogether, we expect a 0.2% (0.192%) m-o-m increase in headline CPI inflation (Consensus: 0.2%). Our forecast for CPI NSA is 252.785 (Consensus: 252.702). “ 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 Buy AUD/CAD rationale – TDS FX Street 4 years Analysts at Nomura offered a preview for the key US event in US CPI. Key quotes: "CPI: We forecast a 0.2% (0.244%) m-o-m increase in the core CPI for September following a 0.082% advance in August (Consensus: 0.2%). On a 12-month basis, our forecast would be equivalent to 2.304% in September (Consensus: 2.3%), up slightly from the 2.190% pace in August." "The relative softness in core CPI inflation in August was mostly concentrated in certain volatile core goods prices. Thus, we think core CPI inflation will likely return to its underlying trend that seems consistent with core PCE inflation running… 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.
