It’s CPI Day and, possibly, mea culpa day.
Last month I, and almost everyone else, said the peak was behind us as it dropped from 8.5% to 8.3%. In fact, I went out...
MON: Chinese Services PMI Final (May).TUE: RBA Announcement; EZ Sentix (Jun); EIA
STEO.WED: RBI Announcement; NBP Announcement;
Japanese GDP Final (Q1); EZ Employment Final (Q1) and GDP (Q1 Revisions).THU: ECB Announcement; Chinese Trade Balance
(May).FRI: CBR...
US Dollar Fundamental Forecast: BullishThe US Dollar moderated following multi-week losses Fed rate hike bets under watch as US CPI data approaches USD may be primed to resume rising despite beat or miss...
