News 

UK August CPI +0.4% vs +0.5% m/m expected

“ONS notes that the decline in inflation pressures stem from a drop in computer game prices and clothing prices, relative to last year” reports forexlive.com. Inflation was one of the few bright spots in keeping a more steady BOE outlook but as price pressures start to dwindle, you can expect the BOE to cut rates sooner rather than later to combat the drop here if it persists.The drop in annual house prices below isn’t encouraging as well, with the +0.7% reading the weakest since September 2012 and ONS notes that…

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Markets News 

The key to trading fresh sentiment

“In this article I will briefly present the case that the two key concepts to trading fresh sentiment are as follows: Picking which sentiment to focus on The very best time to trade sentiment is when we notice the sentiment change” reports forexlive.com. Now, trading sentiment is a basic market skill as we try to make sure we are always trading in line with market sentiment (Unless of course we are fading market sentiment, which is a valid pursuit, but the subject of a different article).So, trading fresh sentiment is…

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Crypto News 

Launch a Crypto Exchange in 30 Days: German Firm Offers White-Label Products for Startups

“As a result, the company also offers marketing across a multitude of verticals” writes Connor Blenkinsop for cointelegraph.com. Among its suite of products is a crypto exchange that is available on the web and through mobile apps.The German company describes this platform as its masterpiece because it supports a range of major crypto and fiat currencies. Source: cointelegraph.com

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News 

inflation increased by 0.17% in February

“The Labor Department said on Tuesday its Consumer Price Index increased 0.2 percent, lifted by gains in the costs of food, gasoline and rents” writes unknown author for cnbc.com. The core CPI had increased by 2.2 percent for three consecutive months on an annual basis.U.S. consumer prices rose for the first time in four months in February, but the pace of the increase was modest, resulting in the smallest annual gain in nearly 2-1/2 years. Source: cnbc.com

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News 

Inflation perk ups in February, CPI shows, but not enough to set off any alarm bells

“The numbers: Americans paid more for rent, food, gas and clothes in February, triggering the biggest increase in inflation in four months” writes Jeffry Bartash for marketwatch.com. The biggest increase in food has taken place outside the home at restaurants and other places that prepare meals.What happened: Gasoline prices edged up for the first time in four months and the cost of food rose sharply in February.Another closely watched measure of inflation that strips out food and energy rose 0.1% last month, the smallest advance since last August.The increase in…

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Futures News 

S&P, Nasdaq futures extend gains after inflation data

“S&P 500 e-minis were down 0.25 points, or 0.01 percent and Nasdaq 100 e-minis were up 7.5 points, or 0.1 percent” writes Midwest Communications Inc for 95kqds.com. Moments before the data, Dow e-minis were down 68 points, or 0.27 percent.ET, Dow e-minis were down 26 points, or 0.1 percent.(Reuters) – S&P and Nasdaq futures moved higher on Monday after a Labor Department report showed U.S. consumer prices rose for the first time in four months in February, but Boeing’s drop for the second day weighed on the Dow futures. Source: 95kqds.com

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