EU Consumer Inflation Expectations (Dec) 26.7 vs. Exp. 23.6 (Prev. 24.3, Rev. 23.1)
The December consumer inflation expectations in the EU have come in significantly higher than anticipated at 26.7, compared to the expectation of 23.6.
[MARKET ANALYSIS] DXY incrementally firmer awaiting further jobs data after an early Challenger Layoffs release; Antipodeans lag
[MARKET ANALYSIS] Precious metals on the backfoot once again in quiet newsflow and with the DXY above its 100 DMA
EU Consumer Inflation Expectations (Dec) 26.7 vs. Exp. 23.6 (Prev. 24.3, Rev. 23.1)
France sells EUR 13.5bln vs exp. EUR 11.5-13.5bln 3.50% 2035, 0.50% 2040, 3.60% 2042 & 3.75% 2056 OAT
China's Ambassador rejects Japan's export controls negotiations
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This sharp increase, revising the previous figure up from 24.3, suggests that the outlook on inflation among consumers is becoming more concerning, which could place pressure on the ECB to adopt a more hawkish stance in upcoming policy meetings.
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