1:30 pm BST - US, CPI inflation report for July
- Headline (annual). Actual: 2,9% YoY. Expected: 3.0% YoY. Previous: 3.0% YoY
- Headline (monthly). Actual: 0,2% MoM. Expected: 0.2% MoM. Previous: -0.1% MoM
- Core (annual). Actual: 3,2% YoY. Expected: 3.2% YoY. Previous: 3.3% YoY
- Core (monthly). Actual: 0,2% MoM. Expected: 0.2% MoM. Previous:0.1% MoM
Source: XTB
Despite the initial increases seen on the EURUSD pair, these movements have already been reversed. A slight downward surprise failed to convince investors that inflationary pressures in the US economy are waning.
Economic Calendar: European stocks open lowerâŽïļ; will the PPI confirm the CPIâs inflationary trendâ
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