The highly-anticipated US Consumer Price Index (CPI) inflation data for November will be published by the Bureau of Labor Statistics (BLS) at 13:30 GMT.
Blogs
Oil turns ship and sinks 1% despite geopolitical tensions
Oil prices are retreating despite an uptick in geopolitical tensions with reports a Red Sea tanker was seized by Houthi rebels after a missile attack. Though, the heightened risk and threat
US Dollar retreats ahead of US CPI inflation print
The US Dollar (USD) is dropping ahead of the US inflation numbers, which will be released on Tuesday.
USD/JPY hits fresh lows near 145.00 ahead of US Inflation data
The Dollar weakens as US yields pull back. Investors are focusing on US inflation ahead of Wednesday’s Fed decision.
India Cumulative Industrial Output rose from previous 6% to 6.9% in October
India Cumulative Industrial Output rose from previous 6% to 6.9% in October
India Industrial Output above forecasts (10%) in October: Actual (11.7%)
India Industrial Output above forecasts (10%) in October: Actual (11.7%)
Brazil IPCA Inflation registered at 0.28%, below expectations (0.3%) in November
Brazil IPCA Inflation registered at 0.28%, below expectations (0.3%) in November
Mexico Industrial Output (MoM) came in at 0.6%, above expectations (-0.1%) in October
Mexico Industrial Output (MoM) came in at 0.6%, above expectations (-0.1%) in October
Gold price stabilizes near recent lows with the US CPI on tap
Gold prices are flat on Tuesday, with the US Dollar losing ground ahead of the US CPI release.
AUD/USD rebound stalls below 0.6600 with US inflation looming
The Australian Dollar’s recovery from Monday’s lows has found resistance at the 0.6600 level, leaving the pair in noman’s land as the market braces for the release of November’s US CPI figures.