The economic calendar is like with the employment trends index the only release today. It dipped to 108.35 from 109.23 last month.
Crude oil is up $0.76 at $71.73.
This week in the US Fed Chair Powell will testify on Capitol Hill on Tuesday and again on Wednesday. The Federal Reserve kept rates unchanged at their last meeting and are not expected to cut rates again until midyear. Below is the calendar of key economic releases and events in the US this week.
10:00 AM: Federal Reserve Chair Powell testifies.
Wednesday, February 12
8:30 AM: Release of key inflation data:Core CPI m/m (expected: 0.3%, prior: 0.2%).CPI m/m (expected: 0.3%, prior: 0.4%).CPI y/y (expected: 2.9%, prior: 2.9%).10:00 AM: Federal Reserve Chair Powell testifies again.10:30 AM: Crude Oil Inventories (forecast: 8.7M barrels).5:05 PM: Federal Open Market Committee (FOMC) Member Waller speaks.8:30 AM: Release of producer price data:Core PPI m/m (expected: 0.3%, prior: 0.0%).PPI m/m (expected: 0.2%, prior: 0.2%).8:30 AM: Weekly Unemployment Claims (expected: 221K, prior: 219K).
Friday, February 14
8:30 AM: Retail data release:Core Retail Sales m/m (expected: 0.3%, prior: 0.4%).Retail Sales m/m (expected: 0.0%, prior: 0.4%). This article was written by Greg Michalowski at www.forexlive.com. Read More Details
Finally We wish PressBee provided you with enough information of ( NASDAQ index up over 1% )
Also on site :