Here are the key factors to keep in mind today for British Pound trades:
- UK CPI: The UK CPI for April is expected to increase by 0.3% monthly and by 0.5% annualized. Forex traders can compare this to the UK CPI for March which increased by 0.4% monthly and by 0.5% annualized. The core CPI for April is expected to increase by 1.4% annualized. Forex traders can compare this to the UK Core CPI for March which increased by 1.5% annualized.
- UK RPI: The UK RPI for April is expected to increase by 0.3% monthly and by 1.5% annualized. Forex traders can compare this to the UK RPI for March which increased by 0.4% monthly and by 1.6% annualized. The UK RPI Excluding Mortgage Interest Payments is expected to increase by 1.6% annualized. Forex traders can compare this to the UK RPI Excluding Mortgage Interest Payments for March which increased by 1.6% annualized.
- UK PPI: The UK PPI for April is expected to increase by 0.2% monthly and to decrease by 0.8% annualized. Forex traders can compare this to the UK PPI for March which increased by 0.3% monthly and decreased by 0.9% annualized. The UK Core PPI for April is expected to increase by 0.1% monthly and by 0.3% annualized. Forex traders can compare this to the UK Core PPI for March which increased by 0.1% monthly and by 0.2% annualized.
Here are the key factors to keep in mind today for US Dollar trades:
- US Housing Starts and Building Permits: US Housing Starts for April are expected to increase by 3.3% monthly to 1,125K. Forex traders can compare this to US Housing Starts for March which decreased by 8.8% monthly to 1,089K. US Building Permits for April are expected to increase by 5.5% monthly to 1,135K. Forex traders can compare this to US Building Permits for March which decreased by 8.6% monthly to 1,076K.
- US CPI: The US CPI for April is expected to increase by 0.3% monthly and by 1.1% annualized. Forex traders can compare this to the US CPI for March which increased by 0.1% monthly and by 0.9% annualized. The core CPI for April is expected to increase by 0.2% monthly and by 2.1% annualized. Forex traders can compare this to the US Core CPI for March which increased by 0.1% monthly and by 2.1% annualized.
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