US CPI report coming up tomorrow, what to expect?
News brief
US inflation is expected to reaccelerate in March amid higher energy prices from the Middle East conflict This is what the estimates are looking for ahead of the March report tomorrow:CPI +0.9% m/m (prior +0.3%)CPI +3.3% y/y (prior +2.4%)Core CPI +0.3% m/m (prior +0.2%)Core CPI +2.7% y/y (prior +2.5%)Even though it will be a case of energy prices…
Why traders care
For traders, releases like this can quickly shift rate expectations, currency direction, index futures and broad risk sentiment.
What to watch next
- Watch the next move in the dollar, front-end yields and index futures to see whether the market prices this release as a true surprise or only a passing headline.
US inflation is expected to reaccelerate in March amid higher energy prices from the Middle East conflict This is what the estimates are looking for ahead of the March report tomorrow:CPI +0.9% m/m (prior +0.3%)CPI +3.3% y/y (prior +2.4%)Core CPI +0.3% m/m (prior +0.2%)Core CPI +2.7% y/y (prior +2.5%)Even though it will be a case of energy prices… This is what the estimates are looking for ahead of the March report tomorrow: . CPI +0.9% m/m (prior +0.3%) CPI +3.3% y/y (prior +2. This is what the estimates are looking for ahead of the March report tomorrow: CPI +0.9% m/m (prior +0.3%) CPI +3.3% y/y (prior +2.4%) Core CPI +0.3% m/m (prior +0.2%) Core CPI +2.7% y/y (prior +2.5%) Even though it will be a case of energy prices boosting headline inflation, core prices are also expected to see some spillover impact. And the main issue is that the longer the US-Iran conflict… For traders, releases like this can quickly shift rate expectations, currency direction, index futures and broad risk sentiment. Watch the next move in the dollar, front-end yields and index futures to see whether the market prices this release as a true surprise or only a passing headline.
