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13.05.2019 23:13

U.S. consumer inflation expectations fall to 2.60 percent in April

Survey of Consumer Expectations, released by the Federal Reserve Bank of New York’s Center for Microeconomic Data, revealed a decline in short- and medium- term inflation expectations in April.

According to the report, median inflation expectations dropped by 0.2 percentage points at both the one-year and three-year horizon, to 2.6% and 2.7% in April respectively, their lowest readings since late 2017. The decreases were broad-based across income groups.

Median home price change expectations remained stable at 3.0% in April, the fifth consecutive reading at this level, while expectations for changes in the cost of a college education and medical care rose to 7.2% and 7.8% in April, from 5.8% and 7.5% in March, respectively. The median one-year ahead expected change in gasoline prices increased to 4.9% in April from 4.7% in March.


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Forex is open 24 hours a day, 5 days a week (except national holidays), and it can be broken up to the following four regional markets: Australia and Oceania, Asia, Europe, and America. A Forex trading session opens at 23:00 GMT on Sunday in Japan and closes at 22:00 GMT on Friday in the USA.

 
Session Financial Centres UTC/GMT
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Pacific Wellington 19:00 04:00 22:00 07:00 22:00 07:00
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Sydney 21:00 06:00 00:00 09:00 00:00 09:00
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Asian Tokyo 23:00 08:00 02:00 11:00 02:00 11:00
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European Frankfurt, Zurich, Paris 06:00 15:00 09:00 18:00 9:00 18:00
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London 07:00 16:00 10:00 19:00 10:00 19:00
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Chicago 13:00 22:00 16:00 01:00 16:00 01:00