08.11.-12.11. US Inflation Data

Source: Dukascopy Bank SA
The second week of November is expected to be a calm one, as there are no scheduled data releases, which have shown to be capable of causing notable volatility. However, note that US inflation data sets will be published during the week. US monetary policy makers use the data as a benchmark for their decisions.

On Tuesday, the US Producer Price Index and Core Producer Price Index at 13:30 GMT could cause minor USD volatility.

On Wednesday, at 13:30 GMT, the US Consumer Price Index and Core Consumer Price Index will be released. In addition, the weekly US Unemployment Claims are set to be out at the same time. If the data sets combined beat or disappoint forecasts, a notable move in all USD assets might occur.

Later on, at 15:30 GMT, the weekly US Energy Information Administration Crude Oil Inventories will be published. Expect oil prices to react to the event.

The week will close with a minor UK data release on Thursday, at 07:00 GMT. Namely, the UK Preliminary GDP data will be published. Note that it is the quarterly data. More impact on the GBP is caused by the monthly UK GDP release.

The moves on the tables are measured in pips by measuring five minutes before and after a data release. The exception to the rule are the Brent and Light crude oil prices, which are shown in USD cents.

Tuesday, 13:30 GMT
© Dukascopy Bank SA

© Dukascopy Bank SA

Wednesday, 13:30 GMT
© Dukascopy Bank SA

© Dukascopy Bank SA

© Dukascopy Bank SA

Wednesday, 15:30 GMT
© Dukascopy Bank SA

Thursday, 07:00 GMT
© Dukascopy Bank SA

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