That will be the main items on the economic calendar in European trading later today. But barring any surprises, the inflation numbers aren't going to make a splash on the outlook through the summer. As things stand, traders are seeing ~85% odds of the ECB keeping key rates on hold in July with ~52% odds of a 25 bps rate cut for September. By year-end, traders are only pricing in ~26 bps of rate cuts i.e. one more rate cut only. So, that's the backdrop as we navigate through the releases later today.
0645 GMT - France June preliminary CPI figures0700 GMT - Spain June preliminary CPI figuresThe estimate is for French headline annual inflation to come in at 0.7% (unchanged from May). Meanwhile, Spanish headline annual inflation is estimated to be 2.0% (unchanged from May).
Hence then, the article about french and spanish inflation data on the agenda today was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details
Finally We wish PressBee provided you with enough information of ( French and Spanish inflation data on the agenda today )
Also on site :
- Teens arrested after large disturbance, multiple fights at Joliet mall
- The Starmer regime is turning Britain into a police state
- Feel Free customers say the kratom drink is making them sick. Toothless FDA rules on dietary supplements are helping it remain a bestseller