US CPI amongst market movers today – Danske Bank

Sandeep Kanihama FXStreet Contributor

In the US, analysts at Danske Bank expect CPI core to rise 0.2% m/m (in line with consensus), implying an increase in the inflation rate to 2.2% y/y from 2.1% in April.

Key Quotes

“The NFIB small business optimism index in May is also due out today.”

“In the UK, focus is on the House of Lords' amendments to the EU withdrawal bill, which returns to the House of Commons today (two-day debate). Focus will be on whether Conservative rebels will go against PM Theresa May and vote for a softer Brexit. The jobs report for April is also due out at 10:30 CEST. It might be a volatile day for EUR/GBP.”

“In Germany , ZEW expectations for June are due out today.”

Author

Sandeep Kanihama

FXStreet Contributor

Sandeep Kanihama is an FX Editor and Analyst with FXstreet having principally focus area on Asia and European markets with commodity, currency and equities coverage. He is stationed in the Indian capital city of Delhi.

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