- CPI (Oct) M/M 0.5% vs. Exp. 0.2% (Prev. 0.4%)
- Core CPI (Oct) Y/Y 2.6% vs. Exp. 2.2% (Prev. 2.1%)
Reaction details (10:34)
- In an immediate reaction, GBP/USD spiked up from 1.5887 to 1.5905, Dec-Gilts fell from 120.59 to 120.44 and Short-Sterling strip under pressure after data was released.
Analysis details (10:32)
- University fees increase main contributor to CPI rise.
13 Nov 2012 - 10:30 - Forex Data - Source: Newswires
RANsquawk provides audio news and commentary for over 15,000 professional traders and brokers worldwide. Services include: