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USD - Major events in the week ahead

Events that marked the week:

On Thursday PPI, Unemployment Claims and Consumer Sentiment data was published. The Producer Price Index for final demand declined 0.1 percent in March, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. Final demand prices advanced 0.3 percent in February and 0.6 percent in January. On an unadjusted basis, the final demand index rose 2.3 percent for the 12 months ended March 2017, the largest increase since moving up 2.4 percent for the 12 months ended March 2012.

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US Retail Sales decreased by 0.2%

Sales at U.S. retailers declined in March for a second month, hurt by fewer purchases of automobiles, Commerce Department data showed Friday. Value of purchases fell 0.2 percent (in line with median forecast) after February sales were revised to a 0.3 percent decrease (previously reported as a 0.1 percent gain). Read more...

US CPI down by 0.3%

The Consumer Price Index for All Urban Consumers (CPI-U) decreased 0.3 percent   in March on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics   reported today. Over the last 12 months, the all items index rose 2.4 percent  before seasonal adjustment.

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US Consumer Sentiment surprisingly rose in April

Consumer sentiment advanced to a three-month high in April as Americans’ optimism about their current financial situation and the economy reached the strongest point since 2000, University of Michigan survey data showed Thursday. Preliminary sentiment index rose to 98 (forecast was 96.5) from 96.9 in March. Current conditions gauge, which measures Americans’ perceptions of their personal finances, increased to 115.2, the highest since November 2000, from 113.2 the prior month. Expectations measure improved in April to 86.9 from 86.5.

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