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Pres Trump Threatens To Blow Up Iran As Talks Stall US Tells France, Germany To Release Diesel Stocks Or Face US Export Ban Fed's Kashkari: Inflation Still Too High, Latest Data Didn t Change View US Employer Layoff Plans Fall In September, Challenger Says US Slows Aircraft-Part Exports To China To Gain Trade Leverage
Inflation in Germany is set to remain elevated for some time due to higher energy costs linked to the Middle East conflict and healthcare reforms, the Bundesbank said. Europe's largest economy lost momentum over the summer, weighed down by weaker exports, consumption and droughts, but should recover in the remainder of
Bundesbank said Germany’s inflation is likely to remain elevated for some time, citing higher energy costs tied to the Iran conflict and upcoming healthcare reforms next year. In its monthly report, it also said the economy lost momentum over the summer.
The US Consumer Price Index rose 3.4% year-over-year in July, down from June's 3.5% increase
() -- Confirming the flash estimate, Germany's annual inflation rate declined to 2.3% in June from 2.6% in May, final data from the country's Federal Statistical Office showed Friday. On a monthly basis, consumer prices were down 0.3%, matching the preliminary reading. The annual harmonized inflation rate for June stoo
US Payrolls Seen Slowing As Wage Growth Holds Firm Eurozone Unemployment Falls Back To Record Low EU Weighs Weaker Data Centre Climate Rules In Win For Big Tech Under-Fire German Ruling Coalition Unveils Reform Package UK Business Morale Slumps As Iran War Pushes Up Costs UK MP Burnham Is Having A 2HR Meeting Today Wit
Summary US equity market looked to finish off quarter and month on an up note. Tech did a good portion of the heavy lifting, unwinding some the mega-cap weakness/rotations seen into quarters end. May JOLTS jobs data jumped up towards 7.6M openings pushing up Treasury yields marginally. EU CPI readings were broadly cool
Summary US equity market looked to finish off quarter and month on an up note. Tech did a good portion of the heavy lifting, unwinding some the mega-cap weakness/rotations seen into quarters end. May JOLTS jobs data jumped up towards 7.6M openings pushing up Treasury yields marginally. EU CPI readings were broadly cool
**Notes/Observations** - Month-end data flow was broadly constructive for the eurozone but added to the ECB's policy dilemma. French preliminary June CPI surprised to the downside at 1.8% y/y (vs 2.0%e), bringing headline inflation back to target for the first time in three months, while French consumer spending (+0.5%
German inflation eased in May, but core inflation increased, impacting eurozone economic outlook. This may influence ECB policy decisions.
Inflation decelerates in four German states, hinting at a national decline in May