Eurozone headline inflation was finalized at 2.5% yoy in January, ticking up from 2.4% yoy in December. Core CPI, which excludes energy, food, alcohol, and tobacco, remained unchanged at 2.7% yoy. The largest contributor to Eurozone inflation was the services sector, which added 1.77 percentage points (pp) to the overall rate. Food, alcohol, and tobacco […]
The post Eurozone CPI finalized at 2.5% in Jan, core CPI holds at 2.7% appeared first on Action Forex.
Wall Street is holding its breath as Nvidia (NVDA) gears up to report its fourth quarter results on Wednesday. Despite its sky-high valuation, Patrick Moorhead, Chief Analyst at Moor Insights, believes the AI giant still has Read more…
The euro rose as much as 0.55% on Monday but has pared most of these gains. In the North American session, EUR/USD is trading at 1.0467, up 0.11%. Merz’s conservatives win German election Germany has Read more…
The past few years have been tough on Americans, with soaring interest rates and rampant inflation. Many consumers have turned to Costco for savings on groceries and household essentials. But Costco has introduced its fair Read more…