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Key US data this week is CPI - TDS

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Feb 15, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    Analysts at TD Securities explained that the main US data release this week is January CPI data on Friday.

    Key Quotes:

    "In line with consensus, TD expects that weaker gasoline and food prices should push headline CPI down a further 0.1%, marking the second consecutive monthly decline. However, favourable base effects should push annual inflation higher to 1.2% Y/Y (consensus 1.3%) from 0.7% last month.

    Core inflation should remain weak and eke out a 0.1% M/M gain (consensus: +0.2%) while the pace of inflation should slip modestly, falling to 2.0% Y/Y (consensus: 2.1%) on account of the strong dollar."
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