US inflation remains persistent

Note: This section contains information in English only.
Source: Dukascopy Bank SA


The United States Bureau of Labor Statistics has just published the monthly Producer Price Index data. Prices for goods at the wholesale level have grown stunningly.

The monthly increase in the PPI is at 0.3% and the Core PPI at 0.5%. Both were expected to increase just 0.1%. The producer price increase indicates that inflation is set to continue to grow at the consumer level, as the whole seller price surge will eventually result in an increase at the consumer level.

These news caused a surge of the US Dollar. The surge is caused by the fact that the fight against inflation is not over. The US Federal Reserve cannot cut Dollar interest rates. Moreover, the rising inflation signals that rate hikes could be a possibility. Higher interest rates mean higher demand for US bonds and money market investment solution that use the rate as a base.

Note that this week, on Tuesday, the Consumer Price Index revealed that prices had grown more than expected. The annual inflation was revealed to be at 3.1% instead of expected 2.9%. Monthly increase was 0.3% not the forecast 0.2%. Meanwhile, Core Consumer Price Index that excludes food and energy showed an increase of 0.4% instead of market consensus expectation of 0.3%.
Back to articles

Actual Topics

Tue, 05 Mar 2024 15:19:27 GMT

Dollar drops due to ISM Services PMI

At exactly 15:00 GMT, the US Institute for Supply Management published its Purchasing Managers Index. The markets expected the index to show good conditions in the sector, but the actual data disappointed. Due to this reason the US Dollar sharply declined. The index is an aggregate number for a survey of sales managers at top US firms. Managers reply by

Fri, 16 Feb 2024 12:11:45 GMT

UK Retail Sales recover

Despite the UK economy entering a recession, in January, Retail Sales have increased 3.4%. However, the optimism is not warranted, as the sales have dropped -3.3% in December, which in nominals terms is a larger sum than the recovered amount. The GBP reacted to the news with a surge, before declining back to previous levels. In general, the rate remains

Subscribe to "Fundamental Analysis" feed

Subscrever
Para saber mais sobre a plataforma de negociação Dukascopy Bank CFD / Forex, SWFX e outras informações relacionadas com negociação,
por favor entre em contato conosco ou faça um pedido de retorno de chamada.
Para obter mais informações sobre uma potencial cooperação,
ligue-nos ou faça-nos um pedido para ser contactado.
Para saber mais sobre as opções binárias do Dukascopy Bank / Plataforma de negociação Forex, SWFX e outras informações relacionadas com Trading,
ligue-nos ou faça-nos um pedido para ser contactado.
Para saber mais sobre a plataforma de negociação Dukascopy Bank CFD / Forex, SWFX e outras informações relacionadas com negociação,
por favor entre em contato conosco ou faça um pedido de retorno de chamada.
Para saber mais sobre a plataforma de Trading / Trading de Crypto/ CFD / SWFX e outras informações relacionadas à negociação,
ligue-nos ou faça-nos uma pedido para ser contactado.
Para saber mais sobre o programa de Introdutor de Negócios e outras informações relacionadas à negociação,
ligue-nos ou faça-nos uma pedido para ser contactado.
Para obter mais informações sobre uma potencial cooperação,
ligue-nos ou faça-nos um pedido para ser contactado.