DE30 drops on mixed ECB guidance

ECB defied market fears and decided to press on with a 50 basis point rate hike today. This comes even as the bank lowered its own inflation forecasts for 2023 and 2024.

Headline inflation

2023: 5.3% vs 6.3% previously
2024: 2.9% vs 3.4% previously

Core inflation

2023: 4.6% vs 4.2% previously (higher)
2024: 2.5% vs 2.8% previously

DE30 moved lower in the first minutes after the release as ECB hinted that inflation is expected to remain too high for too long, what justifies further rate hikes. On the other hand, ECB changed the wording of the statement and it no longer hints at future rate hikes. It looks like that ECB is paving the way for a potential slowdown in its tightening cycle. Lagarde is likely to repeat that decision will be data dependent at a press conference at 1:45 pm GMT.

Source: xStation5

30 October 2026, 6:56 AM

Economic Calendar: Preliminary European GDP and German Inflation in Market Focus

30 October 2026, 6:21 AM

Morning Wrap: Wall Street's Tech Slowdown: Massive AI Investments Spark Growing Concerns

29 October 2026, 6:46 PM

Daily Summary: Bloody Thursday on Wall Street: Nasdaq Leads the Sell-Off

29 October 2026, 2:07 PM

US Open: Alphabet Sends Nasdaq Plunging. Strong US Data Fails to Rescue Wall Street

Indices

Prefer XTB on Google

Cookie name	Description
SERVERID
userBranchSymbol	Expiration date 1 day
test_cookie	Expiration date 1 hour
adobe_unique_id	Expiration date 364 days
__hssc	Expiration date 1 hour
SESSID	Expiration date 1 day
__cf_bm	Expiration date 1 hour
intercom-id-iojaybix	Expiration date 270 days
intercom-session-iojaybix	Expiration date 6 days
xtbCookiesSettings	Expiration date 364 days
TS5b68a4e1027
countryIsoCode
xtbLanguageSettings	Expiration date 364 days
userPreviousBranchSymbol	Expiration date 364 days
intercom-device-id-iojaybix	Expiration date 270 days
__cfruid
_cfuvid

Cookie name	Description
_gid	Expiration date 1 day
_gat_UA-98728395-1	Expiration date 1 hour
_gat_UA-121192761-1	Expiration date 1 hour
_gcl_au	Expiration date 89 days
_ga_CBPL72L2EC	Expiration date 729 days
_ga	Expiration date 729 days
__hstc	Expiration date 179 days
__hssrc
_vwo_uuid_v2	Expiration date 365 days
_ga_TC79BEJ20L	Expiration date 729 days
_vwo_uuid	Expiration date 365 days
_vwo_ds	Expiration date 29 days
_vwo_sn	Expiration date 1 hour
_vis_opt_s	Expiration date 99 days
_vis_opt_test_cookie
af_id	Expiration date 394 days
afUserId	Expiration date 730 days
AF_SYNC	Expiration date 6 days
AnalyticsSyncHistory	Expiration date 29 days

Cookie name	Description
MUID	Expiration date 389 days
_omappvp	Expiration date 3998 days
_omappvs	Expiration date 1 hour
_uetsid	Expiration date 1 day
_uetvid	Expiration date 389 days
_fbp	Expiration date 89 days
fr	Expiration date 89 days
_ttp	Expiration date 89 days
_tt_enable_cookie	Expiration date 89 days
hubspotutk	Expiration date 179 days
IDE	Expiration date 389 days
YSC
VISITOR_INFO1_LIVE	Expiration date 179 days
li_sugr	Expiration date 89 days
guest_id_marketing	Expiration date 729 days
guest_id_ads	Expiration date 729 days
guest_id	Expiration date 729 days
muc_ads	Expiration date 729 days
VISITOR_PRIVACY_METADATA	Expiration date 179 days
MSPTC	Expiration date 389 days

Cookie name	Description
bcookie	Expiration date 364 days
lidc	Expiration date 1 day
UserMatchHistory	Expiration date 29 days
bscookie	Expiration date 364 days
li_gc	Expiration date 179 days
personalization_id	Expiration date 729 days