Headlines the Economic Calendar on Thursday
1. U.S. Consumer Price Index (CPI)
We will closely watch the US CPI inflation figures today, which should lend further support to the notion that inflation has returned to the Fed’s target.
Consumer prices are expected to have risen 0.2% last month and 2.5% over the prior year, according to estimates. Excluding the cost of food and fuel, core inflation is projected to be 2.2% on a year-over-year basis.
2. US Unemployment Claims
U.S Initial jobless claims are expected to be 210K, which points to a rise from the previous week 202K. A higher than expected reading should be taken as negative for the greenback.
13 Feb 20 (Thu)
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