Reply To: Traders Market Weekly: Robots, Dribbler Enthusiasm and Short Squeezes

#42167
Truman
Participant

Eurozone’s CPI accelerated to a fresh record or 8.9% yr/yr in the July reading. A poll conducted by YouGov saw Liz Truss holding a 66-34 lead over Rishi Sunak in the race to lead the Conservative party. European Central Bank policymaker Schnabel said that she expects another big interest rate hike in September despite the growing risk of recession.
Eurozone’s July CPI 0.1% m/m, as expected (last 0.8%); 8.9% yr/yr, as expected (last 8.6%). July Core CPI -0.2% m/m, as expected (last 0.2%); 4.0% yr/yr, as expected (last 3.7%). June Construction Output -1.25% m/m (last -0.27%)
Spain’s June trade deficit EUR5.39 bln (last deficit of EUR4.76 bln)