Yesterday, USD strengthened against all major currencies.
The CPI m/m data released yesterday indicated a sharp increase in inflation in April. Measured from a year ago, annual inflation rose by 4.2%, the fastest since 2008.
The Unemployment Claims data (Forecast: 487K, Previous: 498K) will be released later at 2030 (SGT).
The CPI m/m data released yesterday indicated a sharp increase in inflation in April. Measured from a year ago, annual inflation rose by 4.2%, the fastest since 2008.
- CPI m/m (Actual: 0.8%, Forecast: 0.2%, Previous: 0.6%)
- Core CPI m/m (Actual: 0.9%, Forecast: 0.3%, Previous: 0.3%)
The Unemployment Claims data (Forecast: 487K, Previous: 498K) will be released later at 2030 (SGT).
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