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Beware of Taking Headline News at Face Value

Beware of Taking Headline News at Face Value

6 Years ago | April 29, 2014 00:00:00

The release of the flash German HICP (CPI) today shows how sensitive the forex and global markets are to anything that might change expectations. In this regard, German flash April HICP (CPI) came in 0.1% less than expected at -0.2% vs -0.1% month/month expected and +1.3% vs. +1.4% year/year expected. While the market takes the headline news data at face value, it is rounded off data and a central bank (e.g. ECB) has more details. Let me explain.

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