The official CPI report for Germany is published today at 1:00 PM BST. However, at 9:00 AM BST, reports from German regions were released, indicating a much larger decline in year-over-year headline inflation. The average inflation from the states dropped to 1.9%, below the ECB's target of 2.0%.
01:00 PM BST, Germany - Inflation Data for August; Expectations:
- German CPI: forecast 2.1% YoY; previous 2.3% YoY;
- German HICP: forecast 2.3% YoY; previous 2.6% YoY;
- German HICP: forecast 0.0% MoM; previous 0.5% MoM;
- German CPI: forecast 0.0% MoM; previous 0.3% MoM;
Data from the regions suggest that inflation in the eurozone has returned to the 2% target. A rate cut during the meeting scheduled for September 12 is currently priced at 103% (compared to 99% before the data). Source: XTB
Since the publication of the CPI data, the EURUSD pair has already lost over 0.4%. The pair has thus broken below the support zone marked by the 50-period EMA (blue curve on the chart, H4 interval) and the 23.6% Fibonacci retracement of the upward wave that began at the start of the month. Source: xStation
هل يغلق الحوثيون مضيق باب المندب
"أرامكو" تمنح "هاليبرتون" عقداً لتطوير الغاز غير التقليدي في السعودية
أدنوك تعيد تسعير خاماتها وتوسع خيارات التسليم عبر الفجيرة
اقتصاد الإمارات ينمو إلى 2.55 تريليون درهم 2026
