French CPI (NSA, March prelim) came in at 0.8% vs 0.9% exp. and 0.8% previously (0.2% MoM vs 0.3% exp. and 0% previously)
French HICP YoY came in 0.9% vs 1.1% exp. and 0.9% previously (0.9% MoM vs 0.4% MoM and 0.1% previously)
Consumer spending: -0.1% vs 0.2% exp. and -0.5% previously
BREAKING: US CPI data higher than expected 🚩 Wall Street reacts
⬇️EURUSD pulls back ahead of CPI
Market Wrap: European Stocks Rise, Infineon Shares Up 5% 🔼 Wall Street Weakens Ahead of U.S. CPI
Waller’s hawkish Fed remarks drive USDIDX rebound 🗽 Is a 50 bp U.S. rate hike possible?