EMU Inflation for July: 2.0% (expectations: 1.9% YoY; previously: 2.0% YoY)
Core CPI: 2.3% YoY (expectations: 2.3% YoY; previously: 2.3% YoY)
Monthly CPI: 0,0% MoM (expectations: -0.1% MoM; previously: 0.3% Mom)
Inflations numbers are a little bit higher than expectations, which confirms the ECB's decision to keep interest rates unchanged in the near future. Despite higher inflation numbers, EURUSD continues downward pressure, approaching 1.1400 level that was seen last time on June 10.
Daily Summary: SpaceX and the tech sector drive Wall Street, oil retreats sharply below $97
Russia is selling off gold reserves. Why, to whom, and does it matter for the market?
BREAKING: US oil inventories fall more than expected, but distillate build cools enthusiasm
RBA turns increasingly hawkish as markets reprice November rate hike expectations ⚔️