Grab the popcorn everyone and fingers on the mouse! Everyone in the market has been eagerly anticipating today’s risk events with the start of the ECB meeting and the US inflation numbers being released at 12.30GMT. Narrow ranges and quiet markets have been the order of the week so let’s hope there is some excitement later today.
Transitory versus sustained?
Headline and core prices are expected to jump to 4.7% and 3.5% respectively in the US CPI numbers with base effects being the primary reason for the surge higher. This should be the peak for US prices with the trend starting to come… Read More:
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