ByJin Dao Tai
JUN 11, 2021
Yesterday, USD weakened against most major currencies except EUR.
The CPI m/m data released yesterday indicated that inflation in May rose to the fastest pace since August 2008.
- CPI m/m (Actual: 0.6%, Forecast: 0.4%, Previous: 0.8%)
- Core CPI m/m (Actual: 0.7%, Forecast: 0.5%, Previous: 0.9%)
The Preliminary UoM Consumer Sentiment data (Forecast: 84.1, Previous: 82.9 revised from 82.8) will be released later at 2200 (GMT+8).
Day 1 of the G7 meetings will be held today. During this time, there may be volatility in the market. Also, day 2 and 3 of the meetings will be held over the weekend.
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