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

14 July 2026, 4:10 PM

Fed Chair Kevin Warsh’s Q&A from Congress Testimony: Inflation stability is a key

14 July 2026, 3:02 PM

Dollar sells-off following first US price drop in six years

14 July 2026, 2:51 PM

Warsh's Address to Congress: Zero Tolerance for Inflation, But No Change in Interest Rates?

14 July 2026, 1:32 PM

BREAKING: US CPI data much lower than expected 📈 EURUSD gains

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