GBPUSD Fundamental Analysis – April 12th 2016

GBPUSD Fundamental Analysis – April 12th 2016

Written by: PaxForex analytics dept - Tuesday, 12 April 2016 0 comments

Here are the key factors to keep in mind today for British Pound trades:

  • UK BRC Sales Like-for-Like: UK BRC Sales Like-for-Like for March decreased by 0.7% annualized. Economists predicted an increase of 1.4% annualized. Forex traders can compare this to UK BRC Sales Like-for-Like for February which increased by 0.1% annualized.
  • UK CPI: The UK CPI for March is expected to increase by 0.3% monthly and by 0.4% annualized. Forex traders can compare this to the UK CPI for February which increased by 0.2% monthly and by 0.3% annualized. The core CPI for March is expected to increase by 1.3% annualized. Forex traders can compare this to the UK Core CPI for February which increased by 1.2% annualized.
  • UK RPI: The UK RPI for March is expected to increase by 0.3% monthly and by 1.4% annualized. Forex traders can compare this to the UK RPI for February which increased by 0.5% monthly and by 1.3% annualized. The UK RPI Excluding Mortgage Interest Payments is expected to increase by 1.5% annualized. Forex traders can compare this to the UK RPI Excluding Mortgage Interest Payments for February which increased by 1.4% annualized.
  • UK PPI: The UK PPI for March is expected to increase by 0.2% monthly and to decrease by 1.0% annualized. Forex traders can compare this to the UK PPI for February which increased by 0.1% monthly and decreased by 1.1% annualized. The UK Core PPI for March is expected to increase by 0.1% monthly and by 0.3% annualized. Forex traders can compare this to the UK Core PPI for February which increased by 0.2% monthly and by 0.2% annualized.

Here are the key factors to keep in mind today for US Dollar trades:

  • US NFIB Small Business Optimism Index: The US NFIB Small Business Optimism Index for March is expected at 93.7. Forex traders can compare this to the US NFIB Small Business Optimism Index for February which was reported at 92.9.
  • US Import Price Index: The US Import Price Index for March is expected to increase by 1.2% monthly and to decrease by 4.6% annualized. Forex traders can compare this to the US Import Price Index for February which decreased by 0.3% monthly by 6.1% annualized.
  • US Monthly Budget Statement: The US Monthly Budget Statement for March is expected at -$104.0B. Forex traders can compare this to the Monthly Budget Statement for February which was reported at -$52.9B.

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