Market movers today The key data release today will be the Euro Area Flash HICP for May. Following the high country releases (more below), we see significant upside risks to our original expectations at 8.1% y/y and core inflation at 3.6% y/y. Overnight, Chinese Caixin Manufacturing PMI will also be released. The official PMI manufacturing […]
The post Another High EA Inflation Print Awaits appeared first on Action Forex.
SNB Chairman Martin Schlegel said that while the central bank does not favor negative interest rates, it remains fully prepared to reintroduce them if necessary. Speaking at an event today, Schlegel said “if we have Read more…
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