- CPI inflation in Spain is higher than previous reading, rising despite decrease expectations
- CPI inflation in Spain is higher than previous reading, rising despite decrease expectations
CPI inflation for October: 3.1% YoY (Forecast: 2.9% Yoy: Prior: 3.0% YoY)
Monthly CPI inflation: 0.7% MoM (Forecast: 0.5% MoM; Prior: -0.3% MoM)
Core CPI inflation: 2.5% YoY (Forecast: 2.5% YoY; Prior: 2.4% YoY)
Higher than expected inflation should support ECB view to maintain interest rates unchanged, which is also in line with market expectations. EURUSD is continuing its rebound related with mixed outcome of Trump-Xi talks and after realizing gains from yesterday huge decrease after the Fed meeting.
Daily summary: Weak US data drags markets down, precious metals under pressure again!
US Open: Wall Street rises despite weak retail sales
Coca-Cola Earnings: Will the New CEO Withstand the Pressure?
BREAKING: US RETAIL SALES BELOW EXPECTATIONS
This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.
