Prior +2.6%Core CPI +2.2% vs +2.2 y/y expectedPrior +2.3%Well, the headline reading is the highest since September 2023 and it reaffirms the impact of surging e...
Prior +0.2%GDP Y/Y +0.8% vs +0.9% expectedPrior +1.2%These lower than expected figures further complicate ECB's decision but points more towards a neutral stanc...
I don't envy being in the ECB's position right now. The central bank already had to pause on rate cuts during the summer last year as inflation pressures stoppe...
No comment on FX levelIn close contact with our US counterpartClosely coordinating with US based on our FX agreement in September last yearThis is my final warn...
Stronger verbal intervention sends the JPY higher. The 160.00 handle on USD/JPY is definitely the line in the sand for Japanese officials but we've seen time an...
Prior 0kUnemployment rate 6.4% vs 6.3% expectedPrior 6.3%; revised to 6.4%The struggle continues as the jobless figure rose by 20,000 on the month. So, that bri...
The European Central Bank is expected to maintain its policy rate at 2.00% today and keep the non-committal forward guidance by following a “data-dependent" and...
CPI +2.2% vs +2.0% y/y expectedPrior +1.7%HICP +2.5% vs +2.3% y/y expectedPrior +2.0%Food price inflation eased to 1.3% from 1.8% in March but services inflatio...
EUROPEAN SESSIONIn the European session, we have a rare busy agenda today. We will begin with the French CPI report which is expected to show another uptick in ...