Free Trial
US TSY FUTURES

BLOCK, 10Y Buy, Through Key Resistance

EURJPY TECHS

Corrective Pullback

US TSY FUTURES

BLOCK, 2Y Buy

BONDS

European FI hitting day's highs

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access

Quicktake: RBS on June CPI

US DATA

Citing "broad-based gains in food, energy and the core (excluding food and energy) measure" RBS NatWest economists estimate "core CPI to have advanced by 0.5% (0.467%) in June, moderating slightly from the 0.9% surge in April and 0.7% jump in May but well above its pre-pandemic 10-year average monthly gain of +0.2%."

  • A reading in line with our monthly estimate will keep headline CPI inflation steady at a 13-year high of 5.0% y/y in June. Meanwhile, core CPI inflation could have picked up further, rising from 3.8% y/y in May to 4.0% y/y in June, which would match a 30-year high.
  • Going forward, RBS NatWest expects "base effects to start reversing, with both the headline and core measures set to moderate somewhat by year end."
MNI Chicago Bureau | +1 312-431-0089 | bill.sokolis@marketnews.com
MNI Chicago Bureau | +1 312-431-0089 | bill.sokolis@marketnews.com

To read the full story

Why Subscribe to

MarketNews.com

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.