February 18 , 2014 - Daily Market News
Today the equipment : the British pound Euro
Due to a public holiday in the United States , the market closed yesterday and stocks were unchanged . Dow Jones stood at 16154.39 and the S & P 500 stood at 1838.63 . After this , the Nikkei 3.13 % and hang Seng 0.23 % . European shares opened the day a little less important information . Eurozone and German ZEW economic sentiment ZEW economic sentiment for the 10:00 am ( departure ) will be released . European markets were mixed in early trading . FTSE 100 up 0.16 % and the DAX fell 0.08 % , while the CAC 40 , 0.10 % .
WTI amid signs of increased demand and reduced high above $ 100/barrel . Weather in the U.S., China and Europe in the growing GDP increased in all the figures . U.S. markets were closed yesterday as gold lost its momentum and fell slightly . Market 19:00 ( it ) tomorrow at 1:30 pm in New York Empire State Manufacturing Index ( I ) and the meeting minutes need to pay attention to .
Today 's Events :
09:30 : USD - CPI measures changes in the prices of goods and services from a customer perspective . This measure changes in purchasing trends and inflation is an important way .
10:00 : USD - ZEW economic sentiment - the outlook for the euro area relative price of the month .
10:00 : USD German ZEW economic sentiment in the months to GAUGE the outlook assets .
13:30 : USD - NY Empire State Manufacturing Index - rate the relative level of general business conditions in the State of New York
July 12, 2013 - Daily News Binary Options
European shares were slightly increased. Today, stocks may be and remove some of its gains as a signal that the Chinese economy should increase as targeted this year. Asian stocks are mixed. Shanghai SE Index lost -1.57% and Hang Seng -0.86%. The Nikkei 225 added 0.23% and 0.36% BSE 100.
Oil prices fell yesterday from $ 107/barrel to $ 104.50/barrel. In general, it is not that the price can climb up to July 19, as stocks in the U.S. has decreased.
Today's main events:
9:00 GMT EUR Industrial Production m / m - Change in the total inflation adjusted value of output produced by manufacturers, mines, and utilities.
12:30 GMT USD PPI m / m - Change in prices of goods and raw materials purchased by manufacturers. It's a leading indicator of consumer inflation - when producers pay more for goods the higher costs are usually passed to the consumer.
13:55 GMT USD Updated on consumer sentiment Packaging - Inspection of about 500 clients, which asks respondents to assess the relative level of current and future economic conditions.
26 May 2014 - Daily Market News
Today hot Assets: EUR
Better than expected new home Sales data from the U.S. boosted sentiment on Friday. Home Sales rose to 433,000 last month, an increase of 6.4 %. U.S. stocks ended the week with strong gains molecules into positive territory for the year; S & P 500 closed 0.42 % higher than the highest level of 1900 and the Dow Jones closed 0.38 % higher . The U.S. market will remain closed today for Memorial Day. Asian stocks were mixed today. Nikkei adds 0.97 % as the yen weakened against the dollar . The dollar is trading around ¥ 102 to an interview with the Governor of the Bank of Japan , Kuroda , where it was stated that the yen was too high and should not continue to appreciate. Hang Seng is closed with small changes posted a loss of 0.01 % as traders monitor the elections in Ukraine. European markets higher today while Italian banks are pushing higher and German stocks got a lift from a survey optimistic about trust. The UK market also closed today for a bank holiday .
WTI crude advanced to a 5 -week high after the EIA reported a drop in inventories . Violence has escalated in Ukraine ahead of the election this weekend that also added support to the commodity . 16 military were killed during an attack by pro - Russian rebels yesterday. Gold declined after positive U.S. data on Friday. The price was choppy trading below $ 1300/ounce . Geopolitics of ongoing in Ukraine could push prices up again as newly elected President is not pro -Russian .
Main Event Today:
08.00 GMT : EUR - ECB President Draghi Talk - Due to speak at European Central Bank Forum on Central Banking in Portugal
November 18, 2013 - Daily Market News
Today's Hot Assets : USD
Janet Yellen , the next head of the Federal Reserve , testified on behalf of the FOMC last week . His comments were more dovish than expected and he confirmed that stimulus will be maintained until the next improvement was seen in the economy . U.S. data ( such as GDP , unemployment claim and Industrial Production ) came out below expectations and his comments supported sending U.S. stocks higher. The S & P 500 closed 0.42 % higher and the Dow Jones closed 0.54 % higher. Asian stocks gained after China affirmed to implement new economic reforms : the Hang Seng closed 2.73 % higher. The Nikkei showed little change after rallying 7.7 % last week and closed 0.01% lower. European stocks yet opened lower as investors were cautious because of the split with the Italian government over the weekend .
WTI fell further after Saudi Arabia increased export of strengthening the supply . Coarse stockpiles and inventories also gained in the U.S. and concerns over economic hope. Gold gained after Yellen testimony and the weaker data from the U.S. . It is now covering as traders are awaiting the results of the FOMC Meeting Minutes on Wednesday.
Main Event today :
10:00 GMT : EUR - Trade Balance - measures the difference in value between imported and exported goods and services over the reported period . A positive number indicates that more goods and services are exported than imported .
13:30 GMT : CAD - Buying Foreign Security - measures the total value of domestic stocks , bonds , and money - market assets purchased by foreign investors .
14:00 GMT : USD - TIC Net Long-Term Transactions - measures the difference in value between foreign long-term securities purchased by U.S. citizens and U.S. long-term securities purchased by foreign investors . Demand for domestic securities and currency demand are directly linked because foreigners must buy the domestic currency to buy securities in the country .
17:15 GMT : USD - FOMC Member Dudley Speaks - Federal Reserve Bank of New York he serves as the vice chairman and a permanent member of the Federal Open Market Committee ( FOMC ) voting members ( 2009-2013 ) William C. Dudley is to communicate . FOMC members are responsible for setting the benchmark interest rate and their speeches closely watched for indications future possible direction of monetary policy.
February 19, 2014 - Market News Daily
Current hot property : GBP , USD, Gold
U.S. data was below expectations again yesterday . The NY Empire State Manufacturing is 4:48 instead of the expected 9 . S & P 500 index rose 0.12 % as investors expect the Federal Reserve to keep stimulus in place and descending more . Dow Jones Index , however , dropped 0.15 % after Coca Cola reported fourth-quarter profit fell . Asian stocks were mixed expectations after strong growth in China has pushed the Hang Seng index rose 0.34 % . The Nikkei lost 0.52 % after recovery on Tuesday as well as the benefits of the yen against the U.S. dollar . Investors should view China's PMI manufacturing HSBC on Thursday at 01:45 ( GMT ) . European stocks opened with small change as investors await unemployment figures MPC Meeting Minutes in the UK at 09:30 ( GMT ) .
WTI reached four -week high amid speculation that U.S. inventories fell by bad weather . New winter storm northeast U.S. and speculation that continue to stimulate demand for heating fuel continues to rise . American Petroleum Institute will release its report list at 21:30 ( GMT ) . After peaking in March , gold traded volatile right now. Investors wary of the minutes of the FOMC meeting today at 19:00 ( GMT ) . There is uncertainty about whether the records show that more support for cutting food stimuli as consistently bad data may be caused by bad weather or recession in the U.S. economy . Fed Chairman Janet Yellen noted that the central bank is on track to maintain speed reduction program of its economic stimulus , provided the economy continues to improve as expected . If the report shows that support for the same rate of taper (10000000000 $ / month ) may be the price back below 1,300 .
The main event today :
09:30 GMT : GBP - Claimant Count Change - measures changes in the number of unemployed in Britain in the reporting month . A growing trend shows that the weakening of the labor market , in which there is a trickle of reduced consumer spending and economic growth
09:30 GMT : GBP - MPC meeting minutes - meeting records detailing the Bank of England policymakers , including a detailed look at the economic conditions that affect decisions about where to set interest rates . Analysis votes interest MPC members ' tends to be the most important part of the record.
1330 GMT : USD - Building Permits - measures changes in the number of new building permits issued by the Government . Building permits are a key indicator of demand in the housing market
1330 GMT : USD - PPI - measures changes in the cost of goods sold by manufacturers . It is a leading indicator of consumer price inflation , majority of overall inflation
19:00 GMT : USD - FOMC Meeting Minutes - record details of meetings setting policy committee was held about two weeks earlier . The profile provides a detailed view of the position on the FOMC monetary policy , so currency investors to look carefully for clues about the outcome of rate decisions in the future .
July 15, 2013 - Binary Options Daily News
The results also showed that China's economy is growing slower but still 7.5% and Asian stock has risen The benchmark Shanghai Composite rose 0.99% SE. The Japanese market is closed due to public holidays.
The commodity market to see some move down. Gold lost 0.31%, as well as crude oil or silver.
In the forex market the U.S. dollar strengthening before the retail sales data. The Australian dollar also attributed the gains after the results of China.
Key events today:
12:30 GMT USD core retail sales - the change in the total value of sales at the retail level. It's the primary gauge of consumer spending, which accounts for the majority of overall economic activity.
12:30 GMT Manufacturing Index USD NY Empire State - This index measures the level published on the basis of the manufacturers surveyed in the state of New York. Above 0.0 indicates improving conditions, below indicates worsening conditions. It's a leading indicator of economic health - business reacts quickly to market conditions, and changes in their feelings can be an early signal of future economic activity such as spending, employment and investment.
22:45 GMT NZD CPI - the change in prices of goods and services purchased by consumers. Represent consumer prices for the majority of overall inflation. Inflation is important to currency valuation because rising prices lead the central bank to raise interest rates to respect their mandate to contain inflation. This is the most important inflation data in the United Kingdom.
May 27, 2014 - Daily Market News
Today Hot Asset : USD
U.S. markets remained closed for Memorial Day yesterday , leaving stocks still. U.S. stocks ended last week with strong growth to enter positive territory for the year ; S & P 500 closed 0.42 % higher than the level of 1900 and the Dow Jones closed 0.38 % higher. During the Asian trading session was thin. Nikkei added 0.24 % as the dollar remained strong against the yen , trading around ¥ 101.9 . Hang Seng lost 0.15 % . European stocks began the day after mixed climbing yesterday , in response to the European election results . In early trade , the FTSE 100 was up 0.21 % , while the CAC 40 DAX led below. They were below 0.26 % and 0.03 % , respectively.
WTI Crude continues to trade near four week high before consumer confidence data from the U.S. later in the day. Data are expected to dictate the direction of short-term oil as it can indicate the strength of the economy. The protests continued in Libya, which has now become the smallest oil producer in the 12 - member of the Organization of Petroleum Exporting Countries . The rebels are planning to discuss how to respond to the appointment of the new prime minister and threatened to terminate the contract recently reopened two oil terminals , pushing prices higher. Gold started the day with heavy losses before key data expected this week . Investors also whether the new president of Ukraine will reduce tension with Russia after promising to control separatists. Lowest price to boost demand for something physical , but traders should look for Core Durable Goods Orders and CB consumer confidence data .
Today Main Events :
12.30 GMT : USD - Core durable goods orders - measures the change in the value of new orders for manufactured goods long , excluding transportation items .
13.30 GMT : EUR - ECB President Draghi speaks - Due to participate in a panel discussion at the Forum European Central Bank Central Banking in Portugal
14.00 GMT : USD - CB Consumer Confidence - measures the level of consumer confidence in economic activity
July 16th, 2013 – Daily News
Today investors are waiting for the German and EU ZEW Economic Sentiment Index. This data have impact on European stock as well as on Euro. Another very important fundamental data will be release in U.S. at 12.30PM GMT when it will be posted CPI. Markets are concentrated on tomorrows Bernard Bernanke’s testimony which might bring some news about when exactly the Fed is planning to taper off its monetary stimulus. The mood stays in favor of strong U.S. Dollar.
Today’s main events:
09:00 GMT EUR German ZEW Economic Sentiment – Level of a diffusion index based on surveyed German institutional investors and analysts. It’s a leading indicator of economic health – investors and analysts are highly informed by virtue of their job, and changes in their sentiment can be an early signal of future economic activity.
12:30 GMT CAD - Manufacturing Sales m/m – Change in the total value of sales made by manufacturers. It’s a leading indicator of economic health – manufacturers are quickly affected by market conditions.
12:30 GMT USD Core CPI m/m – Change in the price of goods and services purchased by consumers, excluding food and energy.
13:15 GMT USD Industrial Production – Change in the total inflation-adjusted value of output produced by manufacturers, mines, and utilities.
18:15 GMT USD FOMC Member George Speaks
19 , 2013 - Market News Daily
Today's Hot Property : USD, Gold
Sentiment is still America is driven by the Fed . Member of the FOMC, Dudley , spoke yesterday followed in the footsteps of his dovish Yellen was. United States has reached a record high stock , but converted after meeting Carl Icahn Reuters World Vision stated that he was very careful stock . He works stocks finished mixed to lower market prices . S & P 500 closed down 0.37% and the Dow Jones closed 0.09% higher. After China confirmed that it will introduce new reforms for the economic growth , Asian shares also fell . Extensive policy reforms of the 1990s to at least bring optimism to the market and the Hang Seng Index traded up nearly 9 years. In the market , Hang Seng 0.01% index ended down 0.25% Nikkei was down and finished. Europe stocks opened lower today .
WTI has fallen to a five -month low yesterday as Dudley and after the conversion to equity investors . It was also reported that Saudi Arabia exports increased pressure to lower prices . Resume nuclear talks with Iran in Geneva tomorrow . If a deal is made, the global market for Iranian crude could reach higher priced software . Investors expect the stock 's raw data from the America Petroleum Institute . Days after the lower physical gold demand fell . Despite remaining dovish, Dudley made some optimistic comments from the Federal Reserve can reduce the fear gradually introduced in early 2014 . Negotiation of the three key figures in the United States today is that there may be fluctuations in the market .
Main Events for today :
10.00 GMT: EUR - Economic Sentiment ZEW -, the rate of six- month economic outlook for the euro area. Index , a level above zero indicates optimism , below indicates pessimism . This is a leading indicator of economic health . Read reviews about 350 German institutional investors and analysts are imported.
10.00 EUR GMT: - German ZEW Economic Sentiment - Economic Outlook instrument Gyrychshm six months. Level above zero indicates optimism, below indicates pessimism . Reading from a survey of about 350 German institutional investors and analysts are imported.
13.45 GMT: USD - Treasury Secretary Lu speech - Jack Lew United States Secretary of the Treasury ( February 2013 ) to speak. He frequently lectures on a broad range of topics , and he speaks often used to signal changes to public policy and foreign governments.
15.00 GMT: USD - FOMC Member Dudley Speaks - He Nvannayb chairman and a permanent member of the Federal Open Market Committee (FOMC) voting members ( - 2013 2009) serves. Members of the FOMC interest rate and their speeches are closely watched for indications of the future direction of monetary policy .
19.15 GMT: USD - FOMC Member Evans Speaks - talking about the economy and monetary policy at the Bank of West Central Illinois Bankers Association Managers Conference in Chicago
23.50 GMT: JPY - trade - a measure of the difference between imported and exported goods and services during the reporting period . A positive number indicates that more goods and services were exported than imported .
Market Review By TraderXP:
Egyptian stocks headed for the biggest drop since the uprising began last year, clashes broke out as a response to the decree of President Mohamed Mursi the provision of broad powers.
February 20 , 2014 - Daily Market News
Popular modern Assets : USD , JPY , Gold
Released FOMC minutes of the meeting yesterday said they will likely continue their current pace tapering . Minutes from the policy meeting Jan. 28-29 at the Fed voted to trim a few pain its current program to $ 65 billion from $ 75 billion . And he stressed that the benchmark interest rates will remain at 0-0.25 % until unemployment approaches 6.5 % , depending on the health of the economy in the context of sustainability . In recent weak data from the U.S. installed in a way that winter storms may interfere with the daily commerce . At the end of the U.S. trading , the Dow Jones Industrial Average lost 0.56 % , the S & P 500 index lost 0.65 % , while the Nasdaq Composite index lost 0.82 % . The Chinese HSBC Manufacturing PMI came in below expectations fell to seven - month low of 48.3 in February from a reading of 49.5 in January last . This has led to concerns about the strength of the economy . As a result , the markets finished broadly lower ; The Nikkei 225 lost 2.15 % while Hong Kong 's Hang England lost 1.19 % and China 's Shanghai Composite lost 0.18 % . European shares experiences with various negative today after the Manufacturing and Services PMI came in below expectations .
WTI reached such a high price since October following the added demand and supply and lower crude stock . The price then refused when the Chinese data came out very badly to be expected that suggests that demand could be weakened from the second largest consumer of oil . Today the U.S. is to release its weekly report on initial jobless and requests for data on consumer price inflation, so we may see more movement in the price later . After release from the Minutes of Meeting Gold fell yesterday . As the report indicated plans to continue the current pace of tapering investors turned away from the property in a safe place . Look for Physical been low because of the high price . Traders should note that U.S. data on Philadelphia Fed Manufacturing Index at 3pm ( GMT ) .
Main events of today :
13.30 GMT : USD - Core CPI measures changes in the price of goods and services , excluding food and energy . The CPI measures price change from the perspective of the consumer . Is a key measure changes in purchasing trends and inflation .
13.30 GMT : USD - Initial Claims jobless - measures the number of people who filed for unemployment insurance for the first time last week . This is the first data to the U.S. economy , but the market impact varies from week to week .
15,00 GMT : USD - Philadelphia Fed Manufacturing Index - the prices are high relative to general business conditions Philadelphia . Above zero on the quality list shows the improved conditions ; below indicates worsening conditions . The information is compiled from a survey of about 250 manufacturers in the Philadelphia Federal Reserve .
23.50 GMT : JPY - Minutes of Monetary Policy Meeting - The Monetary Policy Minutes of Meeting are detailed record of the Bank of Japan 's policy setting meeting , containing in-depth knowledge of the deep economic conditions that influenced the decision on where to set interest rates .
July 17, 2013 - Binary Options Daily News
All markets Bernanke testimony of the Federal Reserve Bank governor has moved forward to more. Bernanke at the House Financial Services Committee today, his semi-annual report to Congress is scheduled to be published. Kansas City Federal Reserve Bank President Esther George, yesterday, for the recovery of the U.S. economy, "the right way," he said in early December will support more finely. Plus, stocks, currencies and commodities will affect the main event will be.
Meanwhile, the slight decrease in the price of crude oil and the price is about $ 105.3/barrel to move.
Today's main event:
08:30 GMT GBP Change the number of manuscripts - months before people claiming unemployment-related benefits, the number of changes. Consumer spending is highly correlated to labor market conditions because the number of unemployed is an important signal of overall economic health.
12:30 GMT CAD BOC Rate the door - it's BOC communicate with investors about monetary policy is the primary tool used to. It determines the interest rates and their effect on the economic situation in a commentary on the results of their decisions include: Describes the most important economic prospects and future results of decision-making provides a clue to.
14:30 GMT USD Bernanke Fed Chairman testified - semiannual monetary policy before the House Financial Services Committee in the report because of the testimony. The head of the central bank to control interest rates, he's currency value than any other country in the more affected.
14:30 GMT CAD BOC Monetary Policy Report - It's the economy and the outlook for inflation, the Bank will provide valuable insight.
Market Review By TraderXP:
The yen rose against all 16 major peers as Asian stocks fell, and the struggle between U.S. lawmakers to reach budgetconsensus boosted demand for safer assets.
Japan's currency advanced to a week high against the dollar after the U.S. Senate majority leader Harry Reid said he was "disappointed" at the lack of progress in discussions to avoid the so-called financial cliff.
Market Review By TraderXP:
German stocks advanced for a second day, extending a three-week high, as U.S. Speaker HouseJohn Boehner said he was "optimistic" budget talks with President Barack Obama will continue.
July 18, 2013 - Binary Options Daily News
Crude oil rose as U.S. stockpiles are shrinking. Price already climbed above $ 106/barrel which is more than $ 10/barrel increase since mid-June. Price above $ 107/barrel was more than a year since April 2012.
European stocks are something falls in the begging of the European session. Asian market shows mixed results, the Nikkei rose 1.21% and Hang Seng fell 0.60%. North American stocks ended yesterday.
Today's main events:
08:30 GMT GBP Retail Sales m / m - Change in the total value of sales at retail. It is the primary indicator of consumer spending, which accounts for the majority of overall economic activity.
12:30 GMT U.S. initial jobless claims - initial jobless claims measure the number of individuals who filed for unemployment insurance for the first time during the past week.
14:00 GMT USD Fed Chairman Bernanke Testifies - Thanks to testify semiannual report monetary policy report before the House Financial Services Committee. As the head of the central bank, which controls interest rates, he has more influence over the country's currency value than any other person.
14:00 GMT USD Philadelphia Fed Manufacturing Index - diffusion index based on surveyed manufacturers in Philadelphia. Survey of about 250 manufacturers in the Philadelphia Federal Reserve district which asks respondents to rate the relative level of general business conditions.
Market Review By TraderXP:
Australia's dollar declined against most of its major peers amid speculation the nation's central bank will lower interest rates next week to shield the economy from a slowdown in mining.
May 28, 2014 - Daily Market News
Yesterday we saw another impressive increase in the U.S. stock market. S & P500 moved its record level reached the value 1,914.50 . The main driving force came from the technology sector. We saw , for example, Apple Inc. has increased by 1.87% , or Facebook with large 3.47% . On the other hand, the sector of oil and gas has not worked well . Petroleo Brasileiro SA fell by almost 2%. Asian stocks opened in positive sentiment despite Chinese industrial profits showed a decline in mining. In Tokyo, the Nikkei 225 index ended 0.24% up . Today we can see some price correction after such a sharp rise so we should be wary of buying positions and trade shorter term .
Euro has been under pressure for the last 3 weeks as investors weigh the risk of possible European Central Bank rate cut. We can see that the EUR / USD has bounced twice on the 1.3610 level , but when we see the pair below 1.3600 level which can cause huge sell out and send the pair even lower. The EUR / JPY fell from 139.35 to 138.65 and introduces support on 138.50 .
Today's main events:
7:55 GMT : EUR - German unemployment - Change in number of unemployed in the previous month
10:00 GMT : GBP - CBI Realized Sales - Level of a diffusion index based on surveyed retailers and wholesalers
23:50 GMT : JPY - Retail - Change in the total value of sales at the retail level
February 21 , 2014 - Daily Market News
Today's Hot property : USD , GBP, Gold
Yesterday, the U.S. stock market ended positive numbers . The mood in the market for U.S. manufacturing index for February , the highest since May 2010 , showed that 56.7 percent spurred by Markit data . European shares opened bullish sentiment and the FTSE +0.24 % is already included .
German manufacturing PMI released, the EUR / USD pair fell down yesterday morning . The index came in below expectations 1.3680 from 1.3760 where the pair is forced to change its support . While the U.S. Federal Reserve manufacturing index set too low , then re- checking support . The finish is long and bearish sentiment ahead of the U.S. session does not last as long on the pair back to 1.3720 . Waiting at the G20 meeting starting today in the market during the Asian session, we did not see any significant movement . Central Bank President Janet Yallen some volatility can lead to a collapse of the monetary stimulus that is going to face a lot of pressure from emerging markets . U.S. housing data we have today at 3.00pm (GMT) will focus on a 6.00 (GMT) after the FOMC Member Bullard and Fisher makes a speech which caused some trading opportunities . They 'd have to pull it down to a couple is said to be more sharply . Movement is sideways .
Today's key events :
09.30 GMT : GBP-core retail sales - the total value of sales at the retail level in Canada , excluding motor vehicles change . It is an important indicator of consumer spending, and the Canadian economy is considered a speed indicator .
13.30 GMT : CAD , Core CPI - excluding food and energy measures changes in prices of goods and services . The CPI measures price change from the perspective of the consumer
15.00 GMT : U.S. Dollar - Existing Home Sales - operations that were sold in the previous month, the annual number of residential buildings changed .
Market Review By TraderXP:
German shares rose with the benchmark index DAX (DAX) completion of its sixth consecutive month in advance, amid optimism that American politicians agree on a new federal budget.
July 19, 2013 - Binary Options Daily News
Microsoft and Google lost after 2nd quarter reports as they showed less - than - expected profit per Share. But konakkord suggests to buy Google stock with expected value 940 USD. Meanwhile, Asian stock decrease and European stock also began the day in red numbers.
In a forex market the U.S.. There. Dollar weakened as Fed chairman Bernard bernanke has more dovoysh speech before Senate Committee even though the jobless Claims Data came out better - than - expected. Today traders should watch Canadian core CPI results which will be released at 12:30 (GMT).
On the dovoysh witnesses where he did not explain when and if the Fed will taper off the quantitative easing program price of gold ribaundid ago and is traded around $ 1287 / ounce. Price of Crude Oil is on its highs since April 2012.
Today's main events:
8:30 GMT GBP Public Sector Net Borrowing - difference in value between spending and income for public corporations, the central government and local governments during the previous month.
12:30 GMT GMT CAD Core CPI - Change in the price of goods and services purchased by consumers, excluding food and energy.