Hungarian Core Inflation Rate YoY (Dec) Y/Y 3.8% vs. Exp. 3.8% (Prev. 4.1%)
The Hungarian core inflation rate for December came in at 3.8%, matching expectations but showing a decrease from the previous 4.1%.
French Budget Balance (Nov) -155.4B vs. Exp. -165.0B (Prev. -136.2B, Rev. -136.2B)
Additional European Equity News
Hungarian Core Inflation Rate YoY (Dec) Y/Y 3.8% vs. Exp. 3.8% (Prev. 4.1%)
Japan's Business Lobby Keidanren Chair says the JPY weakness has gone too far and an adjustment towards JPY appreciation is needed
A push by French President Macron and Italian PM Meloni to begin discussions with the Russian Kremlin is gaining traction in EU capitals and in Brussels itself, Politico reports citing sources. Primary goal to ensure EU red lines are not crossed
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This stability at the expected level suggests that inflation is moderating, which could influence future monetary policy decisions, particularly if it aligns with broader trends in the EU. Traders should watch for implications on the Hungarian forint and overall market sentiment in relation to European inflation dynamics.
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