German Baden Wuerttemberg CPI MoM (Jan) M/M 0% (Prev. 0.2%)
The German Baden Wuerttemberg CPI reading for January came in at 0% month-over-month, a deceleration from the previous 0.2% growth.
[MARKET UPDATE] Spot silver has wiped out the entirety of this week's gains, currently trading at USD 101/oz
Pantheon's Vistesen writes "State CPIs in Germany coming in very hot here, at least relative to our expectations; this will be a bad day for ECB doves, by the looks of it."
German Baden Wuerttemberg CPI MoM (Jan) M/M 0% (Prev. 0.2%)
Italian GDP Growth Rate YoY Adv (Q4) Y/Y 0.8% vs. Exp. 0.5% (Prev. 0.6%)
Italian GDP Growth Rate QoQ Adv (Q4) Q/Q 0.3% vs. Exp. 0.2% (Prev. 0.1%)
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This softer print may indicate easing inflationary pressures in the region, potentially influencing the broader European economic outlook and central bank policy discussions around interest rates.
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