Read more
9:02 AM · 30 October 2023

BREAKING: EUR drops after Spanish CPI report

Flash Spanish CPI inflation report for October was released today at 8:00 am GMT. Report was expected to show quite a noticeable month-over-month jump of 0.6, following a 0.2% MoM pick-up in September. An acceleration was also expected on an annual basis.

Actual data showed a smaller than expected MoM pick-up as well as annual gauge staying unchanged compared to September. EUR dropped following the release as it plays well into ECB narrative that rate hikes may not be needed any more.

Spain, CPI inflation for October

  • Annual:  3.5% YoY vs 3.9% YoY expected (3.5% YoY previously)
  • Monthly:  0.3% MoM vs 0.6% MoM expected (0.2% MoM previously)

EURUSD dropped to a new daily low following miss in Spanish CPI data. Source: xStation5

8 May 2026, 1:30 PM

BREAKING: US Labor Market Stronger Than Expected, While Wage Pressure Eases. EURUSD gains!🚨

8 May 2026, 11:59 AM

📈 EURUSD up 0.4% before the NFP

8 May 2026, 7:20 AM

Economic calendar: NFP and central bankers to fight for the spotlights with war updates (08.05.2026)

7 May 2026, 9:45 AM

NOK surges following Norges Bank's rate hike

The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissão de Valores Mobiliários (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits