8:00 - Germany PPI for October:
- YoY: -1.8%, Expected: -1,9%, Previous 1.7%
- MoM: 0.1%, Expected: 0,0%, Previous -0,1%
Improving monthly dynamic shows very minor improvement in business sentiment, that proved to exceed market expectations.
However, still, yearly dynamic is negative and maintains long-term decline trend.
RBNZ raises interest rates again, yet NZD falls after the decision ⚔️
Economic calendar: central bank decisions and US ADP report in focus 🔎
Morning wrap (02.09.2026)
BREAKING: Eurozone Inflation Comes In Below Forecasts, Unemployment Rises. EURUSD reacts