12:30 PM GMT, Canada - Inflation Data for February:
- Trimmed CPI: forecast 2.8% YoY; previous 2.7% YoY; actual 2.9% YoY
- Core CPI: previous 2.1% YoY; actual 2.7% YoY
- Core CPI: previous 0.4% MoM; actual 0.7% MoM
- CPI: forecast 0.6% MoM; previous 0.1% MoM; actual 1.1% MoM
- CPI: forecast 2.1% YoY; previous 1.9% YoY; actual 2.6% YoY
- Median CPI: forecast 2.7% YoY; previous 2.7% YoY; actual 2.9% YoY
- Common CPI: forecast 2.2% YoY; previous 2.2% YoY; actual 2.5% YoY
Daily Summary - Previous metals rebound, FOMC still see cuts
Minutes FOMC: Further cuts are possible if inflation eases. EURUSD limits decline
⏫Silver and gold rally ahead of FOMC minutes
BREAKING: US Chicago PMI beats expectations 🗽USDIDX reacts
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