CPI (Scenarios and Affect )
United States - Consumer Price Index
CPI-Consumer Price Index quantifies the rate of inflation (ie the rate of change in prices) from the perspective of consumers when they purchase goods and services.
The upward trend has a positive effect on the country's currency, USD. The consumer price index is one of the most watched indicators by currency traders and is a basic indicator for determining financial inflation and buying trends in society in the United States.
The main goal pursued by the central bank is to achieve price stability. Thus when the central bank wants to fight inflation, the reaction of the bank is to raise the interest rate to help prices fall. Higher interest rates attract foreign investment, thus increasing the demand for the country's currency.
The all-important U.S. consumer price index for July is due out Today, giving investors a fresh chance to judge the trajectory of inflation in the world's largest economy and update their estimates for Federal Reserve policy decisions
Economists predict that the headline measure climbed by 3.3% year-on-year, accelerating from 3.0% in June. However, an atypically soft corresponding figure in July 2022 suggests that markets may not place too much importance on the quickening pace.
CPI expectations for financial institutions after two hours inflation announcement:
(Highest: 4.1%, Lowest: 3.1%)
- Wolf Capital 4.1%
- Scotia Bank 3.1%
- Standard Chartered 3.1%
- Goldman Sachs 3.2%
- Barclays 3.2%
- Canadian Imperial Bank 3.2%
- HSBC 3.2%
- UPS 3.2%
- Bank of Montreal 3.3%
- Bloomberg 3.3%
- City 3.3%
- Credit Suisse 3.3%
- Morgan Stanley 3.3%
- Royal Bank 3.3%
- Visa 3.3%
- JPMorgan 3.4%
⬆️ which means quiet rise
⬇️ which means quiet decline
⬆️⬆️⬆️ it means violent rise
⬇️⬇️⬇️ t means violent decline
❗️be careful and trade safe ❗️
what is your opinion ??
If this post was useful to you , don't forget to like and comment , Thanks ❤️
CPI-Consumer Price Index quantifies the rate of inflation (ie the rate of change in prices) from the perspective of consumers when they purchase goods and services.
The upward trend has a positive effect on the country's currency, USD. The consumer price index is one of the most watched indicators by currency traders and is a basic indicator for determining financial inflation and buying trends in society in the United States.
The main goal pursued by the central bank is to achieve price stability. Thus when the central bank wants to fight inflation, the reaction of the bank is to raise the interest rate to help prices fall. Higher interest rates attract foreign investment, thus increasing the demand for the country's currency.
The all-important U.S. consumer price index for July is due out Today, giving investors a fresh chance to judge the trajectory of inflation in the world's largest economy and update their estimates for Federal Reserve policy decisions
Economists predict that the headline measure climbed by 3.3% year-on-year, accelerating from 3.0% in June. However, an atypically soft corresponding figure in July 2022 suggests that markets may not place too much importance on the quickening pace.
CPI expectations for financial institutions after two hours inflation announcement:
(Highest: 4.1%, Lowest: 3.1%)
- Wolf Capital 4.1%
- Scotia Bank 3.1%
- Standard Chartered 3.1%
- Goldman Sachs 3.2%
- Barclays 3.2%
- Canadian Imperial Bank 3.2%
- HSBC 3.2%
- UPS 3.2%
- Bank of Montreal 3.3%
- Bloomberg 3.3%
- City 3.3%
- Credit Suisse 3.3%
- Morgan Stanley 3.3%
- Royal Bank 3.3%
- Visa 3.3%
- JPMorgan 3.4%
⬆️ which means quiet rise
⬇️ which means quiet decline
⬆️⬆️⬆️ it means violent rise
⬇️⬇️⬇️ t means violent decline
❗️be careful and trade safe ❗️
what is your opinion ??
If this post was useful to you , don't forget to like and comment , Thanks ❤️
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