DJ UK 1-Year CPI Expectations Rise To 3.4% In 2Q Vs 2.8% In 1Q
LONDON (Dow Jones)--U.K. inflation expectations sharply rose in the second quarter, a Barclays PLC survey showed Wednesday. Barclays said its second-quarter BASIX inflation expectations survey showed the public's median forecast was for prices to rise 3.4% over the next year. That is the highest expected inflation rate since the third quarter of 2008 and represents a rise from the 2.8% rate expected in the first quarter. On a two-year horizon, median inflation expectations were at 3.8%, up from 3.2% in the first quarter. "The sharp increase in expectations in [the second quarter] is quite striking. In fact, the last time that one-year expectations rose by such a magnitude was a 0.7 percentage point increase in [the second quarter of] 2008 at the height of the commodity price bubble," Barclays said. Consumer prices have pushed higher in recent months, with the annual inflation rate rising to 3.7% in April.
-By Laurence Norman, Dow Jones Newswires; 44-207-842-9270; laurence.norman@dowjones.com
An if NZJPY break 62.89 we gonna see a shrp rally, I think risk appetit could return at the moment the decision is annoucunced... but Ill be very attentive to Bollard announces
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ما وراء هبوط الدولار مع الذهب و من منهما يتمكن الارتداد؟
موعدنا الآن في غرفة شركة إكس أم لجلسة الأسواق
https://t.co/Y7tD0RxCS2
@XM_COM (10 months ago)
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Gold, Yields & Nasdaq
Yields are breaking down, and may potentially extend towards 4.32%, which could imply further gains in XAUUSD and NASDAQ, depending on the outcome and inner details of the CPI. EURUSD...
View Hot-Chart..
On my personnal account,I prefer put some pending short orders on eurusd and cable
Bollard : Appropriate time to gradually reduce stimulus and raise key interest rate, as underlying inflationary pressures are expected to rise
LONDON (Dow Jones)--U.K. inflation expectations sharply rose in the second quarter, a Barclays PLC survey showed Wednesday.
Barclays said its second-quarter BASIX inflation expectations survey showed the public's median forecast was for prices to rise 3.4% over the next year.
That is the highest expected inflation rate since the third quarter of 2008 and represents a rise from the 2.8% rate expected in the first quarter.
On a two-year horizon, median inflation expectations were at 3.8%, up from 3.2% in the first quarter.
"The sharp increase in expectations in [the second quarter] is quite striking. In fact, the last time that one-year expectations rose by such a magnitude was a 0.7 percentage point increase in [the second quarter of] 2008 at the height of the commodity price bubble," Barclays said.
Consumer prices have pushed higher in recent months, with the annual inflation rate rising to 3.7% in April.
-By Laurence Norman, Dow Jones Newswires; 44-207-842-9270; laurence.norman@dowjones.com
World bank sees "double-dip recession" risk in some countries
An if NZJPY break 62.89 we gonna see a shrp rally, I think risk appetit could return at the moment the decision is annoucunced... but Ill be very attentive to Bollard announces