RBC Capital Markets notes: In the March UK inflation report out this afternoon RBC looks for CPI to remain unchanged at 0.0% y/y (in line with cons), with offsetting forces from lower utility bills and higher petrol pric…
In the March UK inflation report out this afternoon RBC looks for CPI to remain unchanged at 0.0% y/y (in line with cons), with offsetting forces from lower utility bills and higher petrol prices.
RPI inflation is also expected to have held steady in March, at 1.0% y/y (in line with cons).
Looking further out, RBC projects CPI to print only marginally above zero for most of the rest of 2015 as the base effects of lower petrol prices retain their influence for a few more months.
Gold prices edged lower on Monday as stronger-than-expected U.S. nonfarm payrolls data dampened hopes for aggressive Federal Reserve rate cuts, bolstering the dollar. Spot gold slipped 0.1% to $2,686.32 an ounce, while F…
On-chain data shows BTC whales moved 10000 BTC from Crypto exchanges. This indicate accumulation of BTC by whales. Japanese public company Metaplanet buys another 1 billion yen worth of Bitcoin. According to Santiment, t…
Personal income increased by 0.2% month over month In August, which was less than the 0.4% market forecast and less than the 0.3% growth in July. For the third consecutive month, real personal disposable income increased…