Eurozone CPI was finalized at 2.2% yoy in August, down from July’s 2.6% yoy. Core CPI (ex-energy, food, alcohol & tobacco) was finalized at 2.8% yoy, down from prior month’s 2.9% yoy. The highest contribution to the annual Eurozone inflation rate came from services (+1.88 percentage points, pp), followed by food, alcohol & tobacco (+0.46 […]
The post Eurozone CPI finalized at 2.2% in Aug, core CPI at 2.8% appeared first on Action Forex.
Markets China’s stimulus announcement impacted all corners of the market. Hopes for a revival of the 2nd largest economy lifted commodity prices. Oil & iron prices both added around 2%. Equities rose with Europe’s EuroStoxx50 Read more…
In focus today The most important event today will be the Riksbank’s rate decision at 9.30 CET. On the back of a slightly weaker economy and lower inflation than expected, we expect Riksbank to cut Read more…
Let’s continue to count. 41. The S&P500 celebrated its 41st record high yesterday. Even though yesterday’s session began on a softish note – after the data showed the biggest drop in the US consumer sentiment Read more…