The Office for National Statistics released UK CPI data that came out lower than expected of 2.4%, compare to forecasted 2.5%.
The Office for National Statistics noted, "The large downward contributions to the change in the 12-month rate from food and non-alcoholic beverages, clothing and footwear, and some transport elements were offset by upward contributions from rising petrol, diesel and domestic gas prices".
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| Historical Data Table: CPI y/y | Economic Calendar for 15.11.2018 | ||||||||
| Date | 18.07.2018 | 15.08.2018 | 19.09.2018 | 17.10.2018 | 14.11.2018 | 12:30 AM | AUD Employment Rate | ||
| Actual | 2.40% | 2.50% | 2.70% | 2.40% | 2.40% | 9:30 AM | UK Retail Sales m/m | ||
| Forecast | 2.60% | 2.50% | 2.40% | 2.60% | 2.50% | 13:30 PM | US Retail Sales m/m | ||
| Initial Reaction on Main Pairs | SWFX Sentiment Indexes | ||||||||
| Open Price | Close Price | % Change | Longs | Shorts | |||||
| GBP/USD | 1.29584 | 1.29625 | 0.03% | GBP/USD | 54.91% | 45.09% | |||
| EUR/GBP | 0.86985 | 0.86997 | 0.01% | EUR/GBP | 51.77% | 48.23% | |||
| GBP/CAD | 1.71577 | 1.71598 | 0.01% | GBP/CAD | 47.09% | 52.91% | |||
| GBP/JPY | 147.507 | 147.555 | 0.03% | GBP/JPY | 45.93% | 54.07% | |||