30 Jun 2014
Expectations for June Eurozone CPI result are mixed - TD Securities
FXStreet (Łódź) - Prashant Newnaha, Asia-Pacific Macro Strategist at TD Securities points out that early indications for the flash estimate of June Eurozone CPI are mixed.
Key quotes
"Friday’s national CPI data had Spain falling further than expected, and Belgium also sliding a bit lower, but Germany rebounding more than expected."
"Markets are looking for Eurozone CPI to come in unchanged at 0.5% Y/Y, but the German data suggests that risks lie slightly to the upside."
Key quotes
"Friday’s national CPI data had Spain falling further than expected, and Belgium also sliding a bit lower, but Germany rebounding more than expected."
"Markets are looking for Eurozone CPI to come in unchanged at 0.5% Y/Y, but the German data suggests that risks lie slightly to the upside."