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17 Apr 2015
US March CPI might rise to 0.3%mom – BBH
FXStreet (Barcelona) - The Brown Brothers Harriman Team previews the US data releases ahead in the day – US CPI and University of Michigan consumer sentiment index.
Key Quotes
“US CPI for March is expected to rise slightly to 0.3% m/m, but core is seen as remaining stable at 0.2% m/m. Recall that February CPI was the first positive month-on-month print since October. The increase was partially due to 2.4% rise in gasoline prices, after plummeting 18.7% in January.”
“After that, US markets get Univ. of Michigan consumer sentiment data for April, which is expected to increase from 93.0 to 95.0.”
Key Quotes
“US CPI for March is expected to rise slightly to 0.3% m/m, but core is seen as remaining stable at 0.2% m/m. Recall that February CPI was the first positive month-on-month print since October. The increase was partially due to 2.4% rise in gasoline prices, after plummeting 18.7% in January.”
“After that, US markets get Univ. of Michigan consumer sentiment data for April, which is expected to increase from 93.0 to 95.0.”