At 12:30 GMT, the US economy released its reading of the consumer price index for March down by 0.6%, higher than forecasts of a drop by 0.5%, and higher than the previous reading of 0.4%.
The core reading of the same index (excluding food and fuel prices) was at 0.3%, higher than forecasts of 0.2%, and higher than the previous reading of 0.2% after it was revised from 0.1%.