Markets December EMU inflation numbers and US payrolls featured on today’s agenda. European inflation accelerated by 0.4% M/M and from 4.9% Y/Y to 5% Y/Y. It’s the highest yearly reading since the creation of the EMU. Core inflation was unchanged at 2.6% Y/Y. The 5%-reading beat consensus, but didn’t really surprise following higher-than-expected inflation numbers […]
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