Brexit: Leaving the EU is not necessarily sterling-negative

Discussion in 'Technical Analysis' started by FXStreet_Team, Feb 22, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    Outlook: To repeat a nugget reported above, the US reported CPI up 0.1% m/m in Jan when -0.1% was forecast, ho-hum. But core CPI rose 2.2% y/y, even though the Fed prefers the personal consumption index and the Dec reading, the latest available, is a mere 1.4% y/y. Whether we like core CPI or PCE, both measures of inflation are rising, not falling. In Japan, core CPI is up 0.10% and not rising. In the eurozone, core inflation will likely be 1.1% (from 0.9%), according to the flash estimate,

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