US CPI THIS WEEK AND FED’S MONETARY POLICY IN SCOPE THIS WEEK

Significant events to watch:

-USA (USD): US CPI YOY

-JAPAN (JPY): BOJ PRESS CONFERENCE

-EUROZONE (EUR): EURO CPI YOY

USA (USD): US CPI YOY – The Consumer Price Index (CPI) measures the change in the price of goods and services from the perspective of the consumer. It is a key way to measure changes in purchasing trends and inflation.  The last CPI was 4.9%, lower than the forecast of 5.0%.

The report is due Tuesday, 13 June 12:30 GMT

JAPAN (JPY): BOJ PRESS CONFERENCE – The Bank of Japan (BOJ) press conference looks at the factors that affected the most recent interest rate decision, the overall economic outlook, inflation and offers insights into future monetary policy decisions.

The report is due Friday, 16 June 06:30 GMT

EUROZONE (EUR): EURO CPI YOY – The Consumer Price Index (CPI) measures the change in the price of goods and services from the perspective of the consumer. It is a key way to measure changes in purchasing trends and inflation. The last CPI was 6.1%, lower than the forecast of 6.3%.

The report is due Friday, 16 June 09:00 GMT

Risers and Fallers

-Nasdaq (+0.16%)

-Microsoft (+0.47%)

-USDJPY (+0.32%)

-Crude oil (- 1.32%)

Nasdaq – The Nasdaq increased 0.16% on Friday, reaching a daily high and low of 13,385.95 – 13,229.33, respectively. The index closed at 13,259.14.

Microsoft Corp. (NASDAQ: MSFT) –  Microsoft stocks increased 0.47%. The stock reached a daily high and low of 329.99 – 324.45, respectively. Microsoft is trading at $326.79 per share.

USDJPY – USDJPY increased 0.32% on Friday.  USDJPY is trading at 139.3550.

Crude oil – Crude oil price declined 1.32% on Friday.  Crude oil is trading at $70.35 per barrel.

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