German Wholesale Prices YoY (Dec) Y/Y 1.2% vs. Exp. 1.6% (Prev. 1.5%)

The German wholesale prices increasing by 1.2% YoY in December, below the expected 1.6%, suggests a potential cooling in inflationary pressures.

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German Wholesale Prices YoY (Dec) Y/Y 1.2% vs. Exp. 1.6% (Prev. 1.5%)

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[MARKET UPDATE] Immediate upside seen in NQ and Euro Stoxx 50 futures following TSMC's guidance; Chip stocks on watch at the European and US opens

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This miss could impact the European Central Bank's policy outlook, as weaker inflation data may take away some urgency for rate hikes, potentially influencing the euro and bond markets.

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