Posts Tagged ‘cpi’

EURUSD Dropped After CPI to Eight Months Low

by Forex Rooton July 22, 2014 2:13 pm BST
EURUSD slide to its lowest in eight months as an increase in short-term US Treasury yields signaled mounting speculation that Federal Reserve Chair Janet Yellen will need to raise interest rates. The Dollar extended gains after U.S. consumer prices rose in June, adding pressure on the Fed to tighten policy sooner, while the European Central […]

CPI Increase as Gasoline Rises

by Forex Rooton July 22, 2014 2:05 pm BST
The consumer price index increased 0.3 percent after a 0.4 percent gain the prior month, figures from the Labor Department showed today in Washington. The cost of living in the U.S. rose in June, paced by a jump in gasoline that is now reversing, bolstering Federal Reserve Chair Janet Yellen’s view that recent increases were […]

Chinese Consumer Prices Hit Four-Month Highs on Food Costs

by Christopher Lemieuxon June 10, 2014 4:42 am BST
Chinese inflation in May increased at the fastest pace in four months on higher food prices. According to the state statistics bureau, consumer prices climbed 2.5 percent year-over-year. Economists were forecasting an increase from 1.8 percent in April to 2.4 percent, a tenth-percent lower than the actual print. The Chinese government has an inflation target of […]

Draghi Action Expected As Eurozone Momentum Lacking

by Christopher Lemieuxon June 4, 2014 12:35 pm BST
It is expected that European Central Bank (ECB) President Mario Draghi will do something drastic at tomorrow’s central bank meeting. Draghi has been able to keep market participants at bay on promises of action, but the string of poor data, ranging from inflation to growth expansion to unemployment, it is time to put up or […]