045 - US CPI miss drives selloff, as the market reprices Fed hike

<p>This week FXCM senior market specialists Russ and Nik talk about inflation. First from the ECB's point of view and then moving to the US CPI miss on Friday. Market reactions were swift, which followed through to Monday. This Wednesday sees the Fed rate hike, and the market repricing from 50bps to 75bps had a large part to play in Monday's bloodbath. Thursday has the BoE hiking rates, with the market expecting 25bps. Finally, given the recent weakness in the large retailers' earnings, Wednesday's retail numbers will be interesting. All this and more.</p>