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US Headline CPI Unchanged in July

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US headline CPI was unchanged in July with the CORE rate up 0.3%, both cooler than forecast. These follow June’s respective pops of 1.3% and 0.7%. The headline 12-month index slowed to 8.5% y/y from 9.1% y/y previously, with the CORE rate steady at 5.9% y/y. The components were mixed with a lot of gauges declining. The USD declined on the announcement, and has implications for the FED’s next move. Join us now for a Live Commentary.

Click here to access our Economic Calendar

Andria Pichidi

Market Analyst

Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in Leveraged Products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.




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