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
- European Equity pre-Market Summary - 4th September 2026: Equities continue to benefit from Waller's dovish comments, markets look ahead to US NFP1 day ago
- Newsquawk Daily European Equity Opening News - 4th September 20261 day ago
- ECB approves Monte dei Paschi (BMPS IM) - Mediobanca (MB IM) merger2 days ago
- US Market Wrap: Hot NFP raises Fed rate hike bets ahead of CPI/PPI next week 1 day ago
- US FX WRAP: Dollar gains on better-than-expected NFP report1 day ago
- Week In Focus 7-11 September 2026: Highlights include US & Chinese Inflation, ECB Policy Announcement, UK GDP 1 day ago
- Newsquawk European Market Wrap - 4th September 20261 day ago
- US EQUITY OPEN: US indices in the red following a strong US jobs report1 day ago
- PREVIEW: US Nonfarm Payrolls are due on 4th September at 13:30BST/08:30EDT1 day ago
- Newsquawk Daily US Opening News - 4th September 20261 day ago
- [MARKET ANALYSIS] G10FX quiet into US Payrolls; JPY underperforms1 day ago
- [MARKET ANALYSIS] European bourses trade on the backfoot ahead of US NFP; VOW3 GY approves Future Plan 20301 day ago
- Daily US Equity Opening News - AAPL foldable iPhone quality issues; NVDA in talks for USD 2.5bln Thinking Machines investment; MU plans HBM capacity increase; TMUS names CFO-designate, reaffirms guidance; LULU slides on outlook1 day ago
- EUROPEAN OPEN: VOW3 GY approves Future Plan 2030; BAS GY sues AAPL over Face ID patents; ECB authorises BMPS IM-MB IM merger; STLAM IM reportedly accelerates Huawei-JAC alliance in China; Fitch affirms ASML NA1 day ago
- Newsquawk Daily European Opening News - 4th September 20261 day ago
- [MARKET ANALYSIS] DXY is stuck near the prior day's trough after slipping on Waller comments and with all attention turning to the NFP report2 days ago
- US President Trump posts on Truth Social a request from Senator Grassley for Trump to help US farmers like he did for consumers of pharmaceutical products2 days ago
- Newsquawk Daily Asia-Pac Opening News - 4th September 20262 days ago
- TREASURY WRAP: T-NOTE FUTURES (Z6) SETTLE 8 TICKS HIGHER AT 107-212 days ago
- CRUDE WRAP: WTI (V6) SETTLES USD 0.29 HIGHER AT USD 91.30/BBL; BRENT (X6) SETTLES USD 0.11 LOWER AT USD 95.52/BBL2 days ago
The whole workspace, free to try.
Try it free