The European Central Bank (ECB) will be extremely attentive “to the impact of the exchange rate on pricesPresident Christine Lagarde said in a speech scheduled today at the Reuters Online event. “We monitor very carefully the movements of the foreign exchange market, although we do not have a goal,” he added. Before Lagarde’s speech, the […]
Tag: Inflation
Bond demand brings dollar down, inflation data and coronavirus in focus
This is what you need to know to trade today Wednesday 13 January: The US dollar is on the defensive after a bond auction drew high demand, causing yields to slide. Markets seem content with the Fed’s reluctance to cut back on its quantitative easing scheme. US inflation and a speech by Lagarde from the […]
Schnabel says inflation is not dead and is forecast higher in 2021
“We expect inflation to rise in 2021 from current negative levels“, said on Tuesday the member of the governing board of the ECB Isabel Schnabel. Additional comments: Just because inflation is as low as it is now does not mean that it no longer exists. Globalization has had a moderating effect on the evolution of […]
Kuroda says they continue to closely watch the effects of the coronavirus on prices
Commenting on the Bank of Japan (BOJ) inflation outlook, Governor Haruhiko Kuroda has said that “excluding specific factors, the CPI has been in slightly positive territory recently“. Additional comments: There is no risk of the economy falling back into deflation. They’re watching closely the effects of the coronavirus in prices. The impact of the coronavirus […]
Wholesale inflation rises less than expected in November
Wholesale inflation in November showed figures below expectations. The Production Price Index in November it rose 0.1%, less than 0.2% of the market consensus and lower than the rise of 0.3% the previous month. The annual rate was 0.8%. Regarding the index without taking into account food and energy, it increased 0.1%, below the 0.2% […]
The preliminary CPI falls by 0.3% year-on-year in November, below estimates
According to Eurostat’s preliminary reading of the report of the Eurozone CPI for November, the annual figure has reached -0.3%, below expectations of a drop to -0.2% and has matched the -0.3% reading from the previous month. Meanwhile, the figures from Core CPI reached 0.2% in the reported month, matching expectations and the figure for […]
Industrial production price index unexpectedly falls 0.4% in October
The statistics agency of Canada published economic reports, among which the wholesale inflation one stands out. The industrial production price index showed a fall of 0.4% in October, against the expectation of an increase of 0.1%. in September there was a decrease of 0.1%. For its part, the commodity index rose 0.5% in October. In […]
The annual harmonized CPI falls to -0.7% (preliminary) in November compared to the -0.5% expected
The annual harmonized CPI fell sharply in November in Germany. EUR / USD is moving away from the highs after the data. Inflation in Germany, measured by the consumer price index CPI, was -0.8% in NovemberDestatis reports in its preliminary estimate Monday. This reading arrives after the 0.1% increase observed in October and has been […]
Inflation grows 0.2% in October, slightly improving the 0.1% forecast
The Consumer Price Index (CPI) of the euro zone has risen 0.2% in its monthly reading for October, improving by one tenth the previous and expected 0.1%. This is the biggest rise seen by the indicator since last June. La iAnnual inflation has shown a fall of 0.3%, matching the forecasts and the result of […]
UK Annualized CPI Beats Estimates 0.7% in September, GBP / USD Maintains Gains
The UK CPI rose 0.7% annually in October compared to the + 0.6% expected. The UK monthly CPI reaches 0% in October vs. -0.1% expected. GBP / USD maintains gains around 1.3265 on the release of the data. He ÃConsumer Price Index (CPI) 12-month-old Briton reached +0.7% in October, compared to +0.5% recorded in September, […]
