U.S. Inflation Falling Quicker Than Expected ...Middle East

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U.S. Inflation Falling Quicker Than Expected
The first of this week's big event risks has finall arrived, and while the world and his pet rabbit is focused on the number's potential for 'dovishness', bear in mind that expectations are for a 0.3% MoM rise and 7.3% YoY rise (which while 'slowing' remains extremely high by any standards). The banks's CPI forecasts were all in sync: 7.2% - Barclays 7.2% - Credit Suisse 7.2% - Goldman Sachs 7.2% - Bloomberg Econ 7.2% - Citigroup 7.2% - Morgan Stanley 7.2% - Wells Fargo 7.3% - HSBC 7.3% - JP Morgan Chase 7.3% - UBS 7.3% - Bank of America 7.4% -…

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