- CPI inflation in Spain is higher than previous reading, rising despite decrease expectations
- CPI inflation in Spain is higher than previous reading, rising despite decrease expectations
CPI inflation for October: 3.1% YoY (Forecast: 2.9% Yoy: Prior: 3.0% YoY)
Monthly CPI inflation: 0.7% MoM (Forecast: 0.5% MoM; Prior: -0.3% MoM)
Core CPI inflation: 2.5% YoY (Forecast: 2.5% YoY; Prior: 2.4% YoY)
Higher than expected inflation should support ECB view to maintain interest rates unchanged, which is also in line with market expectations. EURUSD is continuing its rebound related with mixed outcome of Trump-Xi talks and after realizing gains from yesterday huge decrease after the Fed meeting.
US OPEN: Powell, MAG7 and Trump mix market's sentiment
The “Halloween Effect” and the Five Fears Haunting Financial Markets
ECB Conference: Global Uncertainty, Policy Stability 💶
BREAKING: EIA gas inventories change slightly above expectations. NATGAS increase after EIA data 📌
The material on this page does not constitute as financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other particular needs.
All the information provided, including opinions, market research, mathematical results and technical analyses published on the website or transmitted to you by other means is provided for information purposes only and should in no event be interpreted as an offer of, or solicitation for, a transaction in any financial instrument, nor should the information provided be construed as advice of legal or fiscal nature.
Any investment decisions you make shall be based exclusively on your level of understanding, investment objectives, financial situation or any other particular needs. Any decision to act on information published on the website or transmitted to you by other means is entirely at your own risk. You are solely responsible for such decisions.
If you are in doubt or are not sure that you understand a particular product, instrument, service, or transaction, you should seek professional or legal advice before trading.
Investing in OTC Derivatives carries a high degree of risk, as they are leveraged based products and often small movements in the market could lead to much larger movements in the value of your investment and this could work against you or for you. Please ensure that you fully understand the risks involved, taking into account your investments objectives and level of experience, before trading, and if necessary, seek independent advice.
