US February import prices +0.4% vs -0.1% expected ...Middle East

Prior was +0.3% (revised to +0.4%)Import prices y/y +2.0% vs +1.6% expected (prior 1.9% revised to 1.8%)Export prices m/m +0.1% -0.2% expected

There are some inflation impulses here. This report is often ignored because imports/exports are a small part of the US consumption basket but with tariffs now front page news, it could attract some attention. USD/JPY rose to the highs of the day after this report and a strong housing starts number.

This article was written by Adam Button at www.forexlive.com.

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