It's been a slow start to the week on the US economic calendar but it gets jolt at the bottom of the hour with December CPI and weekly initial jobless claims.
CPI is the headliner a wrote a preview on how to trade it yesterday. Here is what's expected:
- CPI y/y 3.2% vs 3.1% prior
- CPI m/m +0.2% vs +0.1% prior
- Core y/y +3.8% vs +4.0% prior
- Core m/m +0.3% vs +0.3% prior
