EU HICP Excluding Food, Energy, Alcohol & Tobacco Flash YY (Dec) 2.3% vs. Exp. 2.4% (Prev. 2.4%)
The EU HICP excluding food, energy, alcohol, and tobacco came in at 2.3%, slightly below expectations of 2.4%.
UK sells GBP 4.25bln 4.125% 2031 Gilt; b/c 3.50x (prev. 3.23x), average yield 3.980% (prev. 4.093%), tail 0.2bps (prev. 0.2bps)
[MARKET UPDATE] Modest hawkish reaction in EUR and Bunds on the EZ Flash HICP figures, as bets for a cooler-than-expected print following the German series unwind. The move proved fleeting with HICP at the ECB's target and the on-hold narrative maintained
EU HICP Excluding Food, Energy, Alcohol & Tobacco Flash YY (Dec) 2.3% vs. Exp. 2.4% (Prev. 2.4%)
[MARKET ANALYSIS] Choppy but contained FX trade as markets await economic data
"Iran's president calls on law enforcement agencies not to attack protesters", Sky News Arabia reports
Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.
This miss could suggest that underlying inflation pressures may be easing, which may influence ECB policy discussions moving forward, particularly regarding interest rate levels. The market might react by recalibrating expectations around future rate hikes if this trend continues, signaling a more dovish outlook.
Related headlines
- Week in Focus 14-18th September 2026: Highlights include FOMC, BoJ, BoE, Inflation from UK, Canada and Japan2 days ago
- Week in Focus 14-18th September 2026: Highlights include FOMC, BoJ, BoE, Inflation from UK, Canada and Japan2 days ago
- Newsquawk Daily European Equity Opening News - 11th September 20262 days ago
- Astra Zeneca (AZN LN) Serena 4 trial (Phase 3) did not meet primary endpoint of PFS for treatment of Breast Cancer 2 days ago
- Saudi Foreign Ministry, in response to targeting of East-West Pipeline, "the Kingdom has chosen not to retaliate at this stage and to support the efforts of the Iraqi government" to allow Iraq to take measures to prevent attacks from its territory2 days ago
- Saudi Arabia has signaled a potential willingness to launch a major unilateral military operation against the Houthis, though Riyadh has not yet reached a final decision, according to ABC2 days ago
- ECB's Lane says if the climb in energy prices persists, maybe it will hit consumption in the Autumn, but remains an uncertain issue2 days ago
- Situational Awareness builds relationships with new brokers as it attempts rebound, reports FT; is rebuilding large trading positions in stocks such as AMD (AMD), Intel (INTC), SK Hynix (SHY), Sandisk (SNDK) and Coreweave (CRWV)2 days ago
- A high-ranking Iranian security and political source told Al Mayadeen that contrary to claims and intimidation tactics, US President Trump is seeking to return to negotiations with Iran2 days ago
- US White House is reportedly weighing how to use Defense Production Act to expand US refining capacity to help with fuel price spikes, according to reports2 days ago
- Saudi Arabian oil pipeline system hit by projectiles triggering fires, CNN reports, citing sources2 days ago
- US Michigan Consumer Sentiment Prel (Sep) 47.8 vs. Exp. 51 (Prev. 51.7)2 days ago
- Iran's Foreign Ministry says "planning to hold a regional meeting with the participation of the Persian Gulf coastal countries"2 days ago
- [MARKET UPDATE] Action seen after US CPI has reversed, with XAU above pre-data levels, USD under pressure while fixed income and equity futures have entirely reversed the move and are extending to the upside2 days ago
- Yemen’s armed forces say maritime navigation is safe for all companies except Saudi vessels, which are subject to a blockade, and vow to continue striking Saudi troop buildups and escalating until the aggression and blockade on Yemen end2 days ago
- US CPI Annualised (Aug):2 days ago
- US CPI Core Goods and Services + Supercore (Aug):2 days ago
- US Core CPI (Aug YY) 2.4% vs. Exp. 2.4% (Prev. 2.5%)2 days ago
- US Core CPI (Aug MM) 0.3% vs. Exp. 0.2% (Prev. 0.2%)2 days ago
- US CPI (Aug MM) 0.4% vs. Exp. 0.4% (Prev. 0.1%)2 days ago
The whole workspace, free to try.
Try it free