The euro found some bids on Friday morning after better-than-expected German GDP both YoY and QoQ, respectively. Unfortunately, consumer confidence missed forecasts but did increase from the November read.
In conjunction with the economic data, ECB officials reiterated that inflation is seemingly entrenched long-term, while the ECB’s Muller erred on the hawkish side and added to Isabel Schnabel’s comments by saying that it is too risky to wait for a downturn to cool prices.
He indirectly suggested that more interest rate hikes are needed to quell inflationary pressures. Throughout the day, we have further ECB speakers who could spark further upside should they support the current market sentiment.
Recessionary fears are still very real for the eurozone but looking at the monetary policy minutes yesterday; there has been nothing along the lines of moderating the pace of rate hikes as we have seen in the U.S.
This Post Has 6 Comments
Hey! Do you know if they make any plugins to help with Search Engine Optimization? I’m trying
to get my website to rank for some targeted keywords but I’m not seeing very good success.
If you know of any please share. Thank you! You can read similar art here
I’ve been surfing on-line more than three hours nowadays, yet I by no means found any interesting article like yours. It is beautiful value sufficient for me. In my opinion, if all webmasters and bloggers made excellent content material as you did, the internet might be much more useful than ever before!
I’ll immediately seize your rss as I can’t find your e-mail subscription hyperlink or newsletter service. Do you have any? Please let me recognise so that I may subscribe. Thanks!
Howdy! Do you know if they make any plugins to help with SEO?
I’m trying to get my blog to rank for some targeted keywords but I’m not seeing very good gains.
If you know of any please share. Thank you!
I saw similar text here: Escape rooms review
Hello there! Do you know if they make any plugins
to help with SEO? I’m trying to get my blog to rank for some
targeted keywords but I’m not seeing very good success.
If you know of any please share. Cheers! You can read similar text here:
List of Backlinks
Wow, wonderful blog layout! How long have you ever been blogging for?
you make running a blog look easy. The full glance of your web site
is excellent, let alone the content material!
You can see similar here sklep online