The widely watched US CPI inflation for June has just been released and showed a massiveĀ acceleration in price growth, raising further concerns that high inflation will last longer than expected. The data came in above expectations as the headline inflation remainedĀ rose to 9.10%Ā Ā YoY in June vs expected 8.8% YoYĀ and compared to 8.6% in May. The Core CPI figure came in above consensus estimate as well as it amounted to 5.9% YoY vs exp. 5.7% YoY and compared with 6.0% YoY in previous month.
EURUSD fell sharply and is approachingĀ parity. Source:xStation5Ā Ā
Start investing today or test a free demo
Create account Try a demo Download mobile app Download mobile appThis content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr SÄ dowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.
