Reply To: Traders Market Weekly: Geopolitics, ECB and Apple

#42808
Truman
Participant

Eurozone’s CPI increased 9.1% yr/yr in the flash reading for August, accelerating past its peak from July. Denmark lowered its GDP growth forecast for 2022 to 2.8% from 3.4% while the outlook for 2023 was cut to 0.8% from 1.9%.
The EU is debating a plan to restrict Russians from visiting EU countries.

Eurozone’s July CPI 0.5% m/m (expected 0.4%; last 0.1%); 9.1% yr/yr (expected 9.0%; last 8.9%). July Core CPI 0.5% m/m (last 0.1%); 4.3% yr/yr (expected 4.0%; last 4.0%)
Germany’s July Import Price Index 1.4% m/m (expected 1.5%; last 1.0%); 28.9% yr/yr (expected 29.9%; last 29.9%). August Unemployment Change 28,000, as expected (last 45,000) and August Unemployment Rate 5.5%, as expected (last 5.4%)
France’s Q2 GDP 0.5% qtr/qtr, as expected (last 0.5%). July CPI 0.4% m/m (expected 0.5%; last 0.3%); 5.8% yr/yr (expected 6.1%; last 6.1%). July PPI 1.6% m/m (last 1.3%). July Consumer Spending -0.8% m/m (expected -0.3%; last 0.1%)
Italy’s August CPI 0.8% m/m (expected 0.6%; last 0.4%); 8.4% yr/yr (expected 8.1%; last 7.9%). July PPI 5.0% m/m (last 1.0%); 36.9% yr/yr (last 34.1%)
Spain’s June Current Account surplus EUR40 mln (last surplus of EUR2.85 bln)
Swiss August ZEW Expectations -56.3 (last -57.2)