The Bureau of Labor Statistics released US CPI data that came out in line with expectations of 0.2%. Note, that the US Core CPI was released at the same time with the US CPI.
According to analysts at TD Securities: "Price pressures will benefit higher food and gasoline prices and another solid 0.2% increase in core CPI, leaving the latter unchanged at 2.2% y/y. There is a risk for a slight deceleration in the shelter, but we expect strength elsewhere, including tariff-related categories, medical care and airfares."
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| Historical Data Table: CPI m/m | Economic Calendar for 19.03.2019 | ||||||||
| Date | 14.11.2018 | 12.12.2018 | 11.01.2019 | 13.02.2019 | 12.03.2019 | 9:30 AM | UK Average Earnings Index 3m/y | ||
| Actual | 0.30% | 0.00% | -0.10% | 0.00% | 0.20% | 12:30 PM | US Building Permits | ||
| Forecast | 0.30% | 0.00% | -0.10% | 0.10% | 0.20% | 21:45 PM | NZD Current Account | ||
| Initial Reaction on Main Pairs | Open Position Proportions on 14.03.2019 | ||||||||
| Open Price | Close Price | % Change | Longs | Shorts | |||||
| AUD/USD | 0.70671 | 0.70704 | 0.05% | AUD/USD | 74.70% | 25.30% | |||
| EUR/USD | 1.12662 | 1.12721 | 0.05% | EUR/USD | 28.25% | 71.75% | |||
| USD/JPY | 111.227 | 111.224 | 0.00% | USD/JPY | 39.34% | 60.66% | |||
| NZD/USD | 0.68448 | 0.68488 | 0.06% | NZD/USD | 41.80% | 58.20% | |||