Date | 4:23pm | Currency | Impact | Detail | Actual | Forecast | Previous | Graph | ||
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4:23pm | Actual | |||||||||
Mon May 27 | ||||||||||
Mon May 27 | All Day | GBP | Bank Holiday | |||||||
4:00am | EUR | German ifo Business Climate | 89.3 | 90.4 | 89.3 | |||||
All Day | USD | Bank Holiday | ||||||||
8:59am | EUR | Belgian NBB Business Climate | -11.0 | -10.8 | -11.9 | |||||
7:01pm | GBP | BRC Shop Price Index y/y | 0.8% | |||||||
7:50pm | JPY | SPPI y/y | 2.3% | 2.3% | ||||||
9:30pm | AUD | Retail Sales m/m | 0.3% | -0.4% |
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Relative large flows went through some of the major IMM currency pairs during a week that saw the broad-based Bloomberg Dollar index decline by 0.4%. Overall, the changes left the ...
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The aim of this speech is to examine inflation in the euro area. In the next section, I review the various inflation indicators tracked by the ECB. Subsequently, I discuss the implications for monetary policy. Chart 1 shows the evolution of headline and core inflation since 2019. Let me focus on the disinflation patterns since August 2023 (the month immediately prior to our last rate hike at our September monetary policy meeting). Inflation declined from 5.2 per cent last August to 2.4 percent in April, while core inflation decreased from 5.3 per cent in August to 2.7 per cent in April. Chart 2 shows the relative contributions of the major categories: energy; food; goods; and services. Services inflation now accounts for the vast bulk of the overall inflation rate. In turn, this reflects the non-uniform dynamics: while the other categories have seen major declines, with the April data indicating energy inflation running at -0.6 per cent, food inflation at 2.8 per cent and goods inflation at 0.9 per cent, services inflation was still elevated at 3.7 per cent. post: ECB'S LANE: JUNE RATE CUT APPROPRIATE IF INFLATION OULOOK HOLDS post: ECB’s Lane: Inflation Expected To 'Bounce Around The Current Level' Over The Coming Months post: ECB’S LANE: THE OVERALL MESSAGE ON WAGES IS BUMPY. THERE IS SOME DECELERATION, BUT IT IS FAIRLY SLOW.
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Two key European Central Bank figures on Monday threw their weight behind the prospect of an interest rate cut next week, indicating that it is practically a done deal. In a ...
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China hit back at the Group of Seven nations over their criticism of Beijing’s global trade practices, accusing members of exaggerating the threat of overcapacity posed by the ...
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EURUSD had been in a steady advance following its 2024 bottom of 1.0600 on April 16. However, the pair reversed lower after its rejection at a fresh two-month high of 1.0894 in ...