CPI

A consensus seems to be forming that the BOE could raise rates as early as this year. This expectation would weigh on UK stocks, but could substantially support the pound. A good part of this has to do with the shift in rhetoric from the…
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The eurozone's better than expected services PMI could suggest that the European economy is on track for growth. The services sector, of course, suffered the most from covid, and its recovery would be a strong sign of improvement over…
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Normally, the release of the eurozone inflation data isn't that much of an event for the markets. This is because we get the result from the publication of the major EU economies' CPI figures in the days ahead. Traders already know what…
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The Fed's policy outlook (including their tapering schedule) depends on an expectation that the latest high levels of inflation will moderate by the end of the year. This is one of the key factors determining when they are likely to raise…
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Now that most major economies are in taper mode, the question is whether the ECB will join in. There are many reasons to expect a reduction in asset purchases. But the ECB is also in the "best" position among major central banks to…
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Tomorrow is the first of the month and the day arrives with a treasure trove of data from Europe. Given the importance of the figures' release, we can expect some extra volatility in the pound and euro pairs. Lately, both currencies have…
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The consensus of expectations is that July will show that inflation has peaked, by coming in a little bit lower than in June. The rate is still quite high, but the Fed projects rates will return to normal by the end of the year. For that…
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Tomorrow we await the official confirmation that Europe has exited the (second) covid recession. While this might be a relief for many policymakers, there are still plenty of economic troubles plaguing the shared economy. So even though…
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Later today we could have some market fluctuations. This can be attributed to a host of key economic data coming out in the US, just as American traders are getting to their desks. One of the potential outcomes is a reversal in the…
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So far this year, inflation from Europe's largest economy has been above expectations, providing something of a wrinkle in euro forecasts. The euro area has spent a smaller amount as a percentage of GDP to support the economy through the…
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