07:00 AM BST, United Kingdom - Inflation Data for August:
-
CPI: actual 3.8% YoY; forecast 3.8% YoY; previous 3.8% YoY;
-
CPI: actual 0.3% MoM; forecast 0.3% MoM; previous 0.1% MoM;
-
Core CPI: actual 0.3% MoM; previous 0.2% MoM;
-
Core CPI: actual 3.6% YoY; forecast 3.7% YoY; previous 3.8% YoY;
The latest UK CPI report came in line with market expectations, matching July’s inflation rate. The biggest upward pressure on prices continues to come from housing (6%), education (7.5%), communication services (6.1%) and food (5.1%). This was partially offset by slower price growth in transportation services—particularly airfares—as well as in restaurants and hotels.
A not-so-tragic reading did not trigger any excess volatiltiy in the GBPUSD, which corrected its previous hours' gains, while still holding above EMA30 on 1 hour interval.

Source: xStation5
US100 down 1.10% ✂️
Crude Oil Drops on Ceasefire in Gaza Strip
BREAKING: Preliminary UoM data in line with expectations 📌
BREAKING: USDCAD slips following Canadian employment data 📌