HomeContributorsFundamental AnalysisUS Producer Prices Predicted To Be In Line With Expectations

US Producer Prices Predicted To Be In Line With Expectations

At 08:30 GMT, FOMC Member Kaplan will deliver a speech, and USD crosses may be affected by the comments made.

At 09:30 GMT, MPC Member Haldane is due to speak about the role of central banks and societal inequality at the David Finch Public Lecture, in Melbourne. Audience questions are expected and comments may result in movement in GBP crosses.

At 12:15 GMT, Canadian Housing Starts s.a (YoY) (Mar) will be released, with a previous reading of 229.7K. This data is performing strongly, despite indications that the headline number will decline this month. CAD pairs may see an increase in price movement from this data.

At 12:30 GMT, US Producer Price Index Ex-Food and Energy (YoY) (Mar) is expected to be 2.6% against a previous reading of 2.5%. Producer Price Index (MoM) Mar) is expected to be 0.1% from 0.2% previously. Producer Price Index Ex-Food and Energy (MoM) (Mar) is expected to be unchanged at 0.2%. Producer Price Index (YoY) Mar) is expected to be 2.9% from 2.8% previously. This data is expected to come in largely as expected, with the monthly numbers predicted to be slightly soft. USD crosses may be affected by this data release.

FxPro
FxProhttp://www.fxpro.co.uk/?ib=606792
FxPro is an award-winning online broker offering Contracts for Difference (CFDs) on forex, futures, spot indices, shares, spot metals and spot energies. FxPro serves clients in over 150 countries worldwide and offers multilingual customer support 24/5. Trading CFDs involves significant risk of loss.

Featured Analysis

Learn Forex Trading