Hello folks... Eurozone economic data came out roundly weaker than
expected today, and the aftershocks have been felt throughout
EUR-complex. As reported from dailyfx, The depth of impact stemming from the disappointing
preliminary September Eurozone CPI may have to do with expectations for
the core: +0.9% year on year was expected when +0.7% y/y was delivered. The
scope of disinflation widens and global
Somehow, over
the next few months, Eurozone CPI may start to bottom. For starters,
if it takes three to nine months for changes in interest rates and
exchange rates to impact an economy
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