08:00 AM BST, Spain - Inflation Data for August:
- Spanish HICP: actual 0.0% MoM; forecast 0.0% MoM; previous -0.7% MoM;
- Spanish HICP: actual 2.4% YoY; forecast 2.4% YoY; previous 2.9% YoY;
- Spanish CPI: actual 0.0% MoM; forecast 0.0% MoM; previous -0.5% MoM;
- Spanish CPI: actual 2.3% YoY; forecast 2.2% YoY; previous 2.8% YoY;
- Core CPI: actual 2.7% YoY; forecast 2.7% YoY; previous 2.8% YoY;
The CPI data is mostly in line with expectations, and market reaction after publication is limited. The reading of 2.3% is already very close to the target and the historical average before the Covid-19 pandemic outbreak. In addition, it is worth noting the 0% month-on-month change in prices.
Economic Calendar: āļāļąāļāļāļēāļāļĨāļāļĢāļ°āļāļāļāļāļēāļĢ āļĒāļāļāļāđāļēāļāļĨāļĩāļāļŠāļŦāļĢāļąāļāļŊ āđāļĨāļ°āļāđāļāļĒāđāļāļĨāļ Fed āļāļīāļāļāļ§āļēāļĄāļŠāļāđāļāļāļąāļāļĨāļāļāļļāļ
āļāđāļ§āļ: ðŽð§ GBPUSD āļāļĢāļąāļāļāļąāļ§āļāļķāđāļ 0.1% āļŦāļĨāļąāļ GDP āļāļāļāļŠāļŦāļĢāļēāļāļāļēāļāļēāļāļąāļāļĢāļāļāļāļĄāļēāļāļĩāļāļ§āđāļēāļāļēāļ ð
āļāđāļēāļ§āđāļāđāļāļ§āļąāļāļāļĩāđ 16 āļ.āļ. : Wall Street āļāļĢāļąāļāļāļąāļ§āļāļķāđāļ Dow Jones āđāļāļĨāđāļāļģāļāļļāļāļŠāļđāļāļŠāļļāļāđāļŦāļĄāđ āļŦāļĨāļąāļ PPI āļāđāļģāļāļ§āđāļēāļāļēāļ
Figure of the Day: āļŠāļāļļāļĨāđāļāļīāļāļāļĩāđāđāļāđāļāđāļāļĢāđāļāļāļĩāđāļŠāļļāļāļāļāļāđāļāļ·āļāļāļāļĢāļāļāļēāļāļĄ āļāļ°āđāļāļāđāļāļŦāļĢāļ·āļāđāļĄāđ?
