Daily Alert: Wednesday 14th December 2016

Mark NugentDaily Alert, Dec 2016

Forex Analysis for Wednesday 14th December 2016
Economic Calendar

UK CPI y/y beat expectation (1.2% vs 1.1%).

Market Reaction

The USD index barely moves ahead of Today’s Fed meeting. The three US equity indices continue to rise as do all the other equity markets we track. WTI consolidates just above USD53/bbl and the CAD consolidates too. The JPY weakens slightly, the GBP consolidates and the AUD and NZD grind upwards.

Media

Nothing of note.

Today

UK Average Earnings; US Headline and Core Retail Sales; US Fed Funds Rate

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