Actual: 10.90 % Forecast: 11.30 % Previous: 11.72 %
In Turkey, CPI inflation will be the main market over of today. Market consensus for June inflation is 0.10% which stands for 11.30% in y-o-y terms. May inflation was 11.72%. There is no consensus for PPI inflation however it will be quite important as cost push factors have carried domestic PPI...
Actual: 1.4 % Forecast: 1.4 % Previous: 1.5 %
Actual: 1.3 % Forecast: 1.2 % Previous: 1.4 %
Actual: 0.2 % Forecast: 0.2 % Previous: 0.2 %
Actual: 5.7 % Forecast: 5.7 % Previous: 5.7 %
Unemployment rate will be announced in Germany today and is expected to remain flat at 5.7 % in June compared to a month ago. In line with or better than expected unemployment rate would encourage markets about further recovery in German economic activity. The U.K. GDP growth will be im...
Actual: 1.4 % Forecast: 1.2 % Previous: 1.2 %
Actual: 244 K Forecast: 240 K Previous: 241 K
Actual: 1.6 % Forecast: 1.4 % Previous: 1.5 %
Policy makers in Europe and North America has rewritten the outlook for markets, with the Bank of England and the Bank of Canada now seen as more likely hawkish in raising rates. Even the possibility of a European Central Bank hike, once seen as all but impossible, is slowly growing. Th...
Data agenda is quite heavy today German Preliminary CPI inflation in June which will be announced today and (YoY) Inflation is expected to ease slightly 1.4 % from 1.5 % a month ago. which may amplify pressure on the single currency. Third estimate of the first quarter G...
Actual: 10.6 Forecast: 10.4 Previous: 10.4
We also watched the BoE Governor Carney and the BoJ President Kuroda speeches at the ECB Forum on Central Banking in Portugal BoE Carney says; Some removal of BoE stimulus may be necessary MPC has been clear that its tolerance for above-target inflation is limited
ECB President Mario Draghi spoke at the ECB Forum on Central Banking in Portugal Draghi says; Monetary Policy should not be overburdened Relatively confident will see productivity improvement
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