And that’s already the reduced rate, especially for cars and auto parts. I’d imagine with corporate earnings taking a hit, that will put in jeopardy …
Eurostoxx +0.2% Germany DAX +0.3% France CAC 40 +0.1% UK FTSE +0.3% Spain IBEX -0.1% Italy FTSE MIB +0.1% US futures are looking more tepid …
Fundamental Overview Gold remained supported yesterday following an in-line US CPI report and surprisingly weak initial jobless claims. The jobless claims data stole the show …
Prior +1.0% HICP +0.8% vs +0.8% y/y prelim Prior +0.9% The good news for France is that core annual inflation is seen easing further from …
Rates supportive of economic recovery The ECB has certainly done a great job in bringing down inflation and interest rates without a weakening in the …
Several of us underlined downside inflation risks Upward risks to inflation are lower than downward Villeroy has been one of the most dovish members and …
ECB forecast very similar to where it was in June Risk still remains elevated Meeting-by-meeting approach is still right We are in good place on …