Year-over-year CPI inflation just reported at 4%, with core at 2.4% March inflation registered at .3% and core was .2%. The Euro is reaching new record highs against the US Dollar as a result. The US Dollar Index futures on the NYBOT are modestly lower (71.550), but not threatening the all-time low of 71.205 on 3/17.
The Goldman Sachs Commodity Index futures are reaching fresh all-time highs today, suggesting even higher commodity prices.
The Goldman Sachs Commodity Index futures are reaching fresh all-time highs today, suggesting even higher commodity prices.
Housing starts for March were down 11.9%.
