He’s kindly written a letter to a member of the EU parliament, who probably asked “what the hell is going on?”.
Prior 1.6% Core CPI 1.1% vs 1.2% exp. Prior 1.1% EZ inflation holding steady which will be of comfort to Draghi & Co. The ECB policy is to have inflation below, but close to 2%. They’ll settle for a steady … Continue reading
Forex trading headlines from the European morning session 30 July China’s Politburo to keep steady economic growth in H2 2013 Nikkei closes up 1.53% at 13,869.82 SNB reports consolidated H1 loss of CHF 7.3 bln UBS to repay SNB bail-out … Continue reading
Prior 91.3 Business climate -0.53 vs -0.55 exp. Prior -0.68. Revised to -0.67 Industrial sentiment -10.6 vs -10.2 exp. Prior-11.2 Services sentiment -7.8 vs -9.0 exp. Prior -9.5. Revised to -9.6 Consumer sentiment -17.4 vs -17.4 exp. Prior -18.8 Consumer … Continue reading
Good day everyone I trust you all had a great week-end A busy week coming up for sure with focus on Thursday’s BOE/ECB decisions and Friday’s US NFPs, but today on the data front we ease our way in gently … Continue reading