BREAKING: eurozone core inflation and GDP slightly above expectations 📌

10:00 AM BST, Euro Zone - Inflation Data:

• HICP ex Energy and Food: previous 0.9% MoM;
• HICP ex Energy & Food: actual 2.8% YoY; previous 3.1% YoY;

10:00 AM BST, Euro Zone - GDP data:

• GDP (Q1): actual 0.3% QoQ; forecast 0.1% QoQ; previous 0.0% QoQ;
• GDP (Q1): actual 0.4% YoY; forecast 0.2% YoY; previous 0.1% YoY;

10:00 AM BST, Euro Zone - Inflation Data for April:

• CPI, n.s.a: actual 126.10; previous 125.30;
• Core CPI: actual 0.7% MoM; previous 1.1% MoM;
• CPI: actual 2.4% YoY; forecast 2.4% YoY; previous 2.4% YoY;
• Core CPI: actual 2.7% YoY; forecast 2.6% YoY; previous 2.9% YoY;
• CPI: actual 0.6% MoM; previous 0.8% MoM;

The Euro gains after the data release and shifts from the second place to the strongest currency today. EURUSD gains 0.05%.