The Bureau of Labor Statistics released US CPI data that came out lower-than-expected of 0.0% compare to forecasted 0.1%. Note, the US Core CPI was released at the same time with the US CPI.
"U.S.-China trade is one near-term source of lingering macro uncertainty. Investors have expressed skepticism about whether both parties can reach a resolution by the March 1 deadline," Goldman Sachs analyst Ryan Hammond wrote in a note. "Headlines about the ongoing trade war could represent a short-term catalyst for a broad-based move in U.S. equities. In addition, any meaningful surprises (positive or negative) in global growth data would likely lift the importance of market beta for stock returns."
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| Historical Data Table: CPI m/m | Economic Calendar for 14.02.2019 | ||||||||
| Date | 11.10.2018 | 14.11.2018 | 12.12.2018 | 11.01.2019 | 13.02.2019 | 13:30 PM | US Core Retail Sales m/m | ||
| Actual | 0.10% | 0.30% | 0.00% | -0.10% | 0.00% | 13:30 PM | US PPI m/m | ||
| Forecast | 0.20% | 0.30% | 0.00% | -0.10% | 0.10% | 13:30 PM | US Retail Sales m/m |
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| Initial Reaction on Main Pairs | Open Position Proportions on 13.02.2019 | ||||||||
| Open Price | Close Price | % Change | Longs | Shorts | |||||
| AUD/USD | 0.71114 | 0.71091 | -0.03% | AUD/USD | 67.73% | 32.27% | |||
| EUR/USD | 1.13062 | 1.12939 | -0.11% | EUR/USD | 41.43% | 58.57% | |||
| USD/JPY | 110.7 | 110.832 | 0.12% | USD/JPY | 47.57% | 52.43% | |||
| NZD/USD | 0.68143 | 0.68106 | -0.05% | NZD/USD | 55.56% | 44.44% | |||