
US retail sales will be out on Thursday, April 15, at 15:30 MT. It is a significant release for traders as it will impact the US dollar.
In June, American consumer prices managed to edge up, although the underlying trend kept pointing to a firm buildup of inflation pressures. It definably could keep the US key financial institution on a path of gradual interest rate lifts.
Other Thursday’s data disclosed that first-time applications for unemployment benefits headed south to a two-month minimum the previous week because the labor market keeps tightening. In June, the Federal Reserve had interest rates lifted for a second time in 2018. Additionally, the major bank has predicted two more rate lifts before the end of this year.
American inflation keeps drifting gradually higher reacting to an almost fully employed economy. It feels like the Federal Reserve has grounds to raise lifts once again already in October.
As the Labor Department informed, its Consumer Price Index added 0.1% because gasoline price jumps relieved and the cost of apparel headed south. In May, the CPI gained 0.2%. For the twelve months through June, the CPI managed to leap by 2.9%, thus demonstrating the biggest revenue since February 2012, having ascended by 2.8% in May.
The CPI tacked on by 0.2% without the volatile energy and food components, being in line with May's outcome. It increased the annual leap in the core CPI to about 2.3%, which is the greatest jump since January last year, from May’s outcome of 2.2%.
Market experts surveyed by Reuters had predicted both the CPI as well as core CPI soaring by 0.2% in June.
According to Thursday’s report by the Labor Department, initial claims for state unemployment benefits headed south 18,000 to a seasonally updated 214,000 by July 7, which is the lowest value since early May.
It definitely hints that firm labor market conditions dominated early July. As a matter of fact, in June, the economy generated up to 213,000 jobs.
US retail sales will be out on Thursday, April 15, at 15:30 MT. It is a significant release for traders as it will impact the US dollar.
Today traders await the US inflation data to be out at 15:30 MT. Jump in to get fresh trade ideas for today!
NFP is going out at 15:30 MT today. Let’s see what major banks forecast for Nonfarm Payrolls.
In this article, you'll find the list of the hottest stocks to trade on April 19-23, which will publish their earnings!
While Citigroup reports better-than-expected quarterly data, it is also aims at restructuring its global presence. What will be the impact?
What's moving markets on Friday? What is the hottest news? Let's find out!
FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.
Your request is accepted.
A manager will call you shortly.
Next callback request for this phone number
will be available in 00:30:00
If you have an urgent issue please contact us via
Live chat
Internal error. Please try again later
Don’t waste your time – keep track of how NFP affects the US dollar and profit!
Beginner Forex book will guide you through the world of trading.
We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.