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."
The stronger-than-expected state CPI figures from Germany suggest increasing inflationary pressures, which will likely challenge the ECB's dovish stance.
[MARKET ANALYSIS] Metals slip (XAU -5.7%, XAG -12.3%) as Warsh emerges as frontrunner for Fed Chair
[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 GDP Growth Rate QoQ Flash (Q4) Q/Q 0.3% vs. Exp. 0.2% (Prev. 0.0%)
German Hesse CPI MoM (Jan) M/M 0% (Prev. 0.1%)
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 could signal a shift in monetary policy expectations, contributing to upward pressure on rates and potentially impacting the euro against other currencies.
Related headlines
- US FX WRAP: Dollar sees two-way action, but initially firms on hotter-than-expected core M/M print2 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
- Newsquawk Daily Economic Releases - 14th September 20262 days ago
- ECB's Makhlouf says hiking much more could hurt economic growth and highlights that a longer Iran war risks keeping inflation elevated2 days ago
- UBS expects the ECB to deliver a final 25bps hike in December 2026, before then pausing2 days ago
- ECB's Nagel says it is too early to speculate on rate hikes, CNBC interview; recent rate hike is a clear commitment on inflation2 days ago
- ECB’s Moulin says France is not in economic danger, heatwaves cost the economy 0.1ppts of growth, and the economy will restart at a moderate pace2 days ago
- Newsquawk US Market Wrap: Markets chop, and yields flatten after hot core CPI boosts Fed rate hike bets1 day ago
- Fed court reportedly blocks Trump order to keep Michigan coal plant open2 days ago
- US EQUITY OPEN: US indices reverse initial CPI losses2 days ago
- Newsquawk European Market Wrap - 11th September 20262 days ago
- Newsquawk Daily US Opening News - 11th September 20262 days ago
- [MARKET ANALYSIS] Fixed income benchmarks hold steady with markets on high alert for the US CPI print2 days ago
- Newsquawk Daily European Opening News - 11th September 20262 days ago
- Week in Focus 14-18th September 2026: Highlights include FOMC, BoJ, BoE, Inflation from UK, Canada and Japan1 day ago
- TREASURY WRAP: T-NOTE FUTURES (Z6) SETTLE 8 TICKS LOWER AT 106-03+2 days ago
- Week in Focus 14-18th September 2026: Highlights include FOMC, BoJ, BoE, Inflation from UK, Canada and Japan2 days ago
- Newsquawk Weekly Economic Calendar - 13th-18th September 20262 days ago
- [MARKET ANALYSIS] European bourses benefit from cooling energy prices, US equity futures eye CPI data2 days ago
- Riksbank maintains the CCyB at 2%2 days ago
The whole workspace, free to try.
Try it free