09.05.-13.05. US inflation and UK GDP data

Source: Dukascopy Bank SA
During the week, most attention will be put on the US Consumer Price Index and Producer Price Index data. The data sets are expected to reveal the inflation in the United States in the aftermath of the first Federal Reserve Rate hike done in March. Consumer Price Index and Core Consumer Price Index number will be published on Wednesday at 12:30 GMT.

On Thursday morning, Pound traders should take into account the publication of the UK Preliminary quarter-on-quarter Gross Domestic Product data publication at 06:00 GMT.

Later on, at 12:30 GMT, US Producer Price Index and Core Producer Price Index data will reveal inflation levels at the production level. In addition, take into account that the weekly US Unemployment Claims are scheduled to be released at the same time. Note that on their own, the claims have not been capable of increasing volatility. The moves on USD on April 28 were caused by the release of the negative US GDP, not the Unemployment Claims.

The moves on the tables are measured in pips by measuring five minutes before and after an event.

Wednesday, 12:30 GMT
© Dukascopy Bank SA

© Dukascopy Bank SA

Thursday, 06:00 GMT
© Dukascopy Bank SA

Thursday, 12:30 GMT
© Dukascopy Bank SA

© Dukascopy Bank SA

© Dukascopy Bank SA

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