US CPI Estimates for Today

CPI Consumer Price Index

Here are the US CPI year-over-year estimates that will be released later today:

GOLDMAN SACHS 6.4%

MORGAN STANLEY 6.4%

JP MORGAN 6.2%

BANK OF AMERICA 6.1%

AMERIPRISE 5.8%

HSBC 6.2%

ING 6.4%

SCOTIABANK 6.1%

CITI 6.3%

ANZ 6.2%

BARCLAYS 6.2%

CREDIT SUISSE 6.2%

WELLS FARGO 6.2%

TD SECURITIES 6.2%

VISA 6.3%

BMO 6.4%

SMBC NIKKO 6.7%

The analyst’s consensus is for CPI at 6.2%

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Euro started the week almost unchanged at 1.0831, but there are some events that will affect the price of the common currency. On the macroeconomic data, I expect to see some improvement in German CPI and the Zew surveys.