Quiet weekend and Monday lets theme pivot on upcoming speakers and US CPI later in week
- No change to macro narrative over the weekend, following the beat in US nonfarm payrolls on Fri.
Source: fxstreet.com
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Top News In Chile Dec Today - Breaking & Trending Today
Major European PMI survey suggests the region's economy is stabilizing
-Mixed European flash PMI data for France, Germany, Euro Zone and UK, but indicated any recession in Europe would likely be limited or even avoided. N
Source: fxstreet.com
Eurozone CPI sees headline reading easing while core hit a fresh record high
EU Mid-Market Update: Euro Zone CPI sees headline reading easing while core hit a fresh record high; focus turns to US jobs data. Notes/Observations -
Source: fxstreet.com
Euro Zone CPI hits 5% for record high, awaiting US payroll data
- French and German Nov Industrial Production miss expectations while exports grew despite persisting supply bottlenecks. - Euro Zone Dec Preliminary
Source: fxstreet.com
UK economic data highlighted that coronavirus continued to weigh on the economy
Computacenter [CCC.UK] +3% (prelim earnings), Kainos Group [KNOS.UK] +19% (trading update), Cineworld [CINE.UK] -4% (New James Bond film postponed) - Speakers - Italy PM Conte said to be considering the possibility of elections if he was unable to reassemble a workable majority in parliament - - ECB Survey of Professional Forecasters (SPF)cut its 2021 GDP growth from 5.7% to 4.4% (**Note: ECB Dec Staff Forecast is 3.9%) while raising the 2022 GDP growth from 2.4% to 3.7%. It cut 2021 HICP (EU Harmonized CPI) from 1.0% to 0.9% while maintaining 2022 HICP (EU Harmonized CPI) at 1.3% - Ja...
Source: fxstreet.com