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: Gold surges 2%, Nasdaq drags down sentiments on Wall Street
US100 falls almost 2% 🚩 Semiconductor stocks plunge as SanDisk tumbles 13%
📈 Bitcoin climbs above $62K
EIA Natural gas inventories change higher than expected