Reply To: Traders Market Weekly: CPI and PPI Inflation


Major European indices are exhibiting a bullish bias in Thursday’s trade, underpinned by the recognition that Germany’s preliminary January CPI was better than feared on a year-over-year basis and showed deceleration from peak inflation, as well as a better-than-expected 2023 outlook from industrial company Siemens.

—Equity Markets—

STOXX Europe 600: +0.9%
Germany’s DAX: +1.2%
U.K.’s FTSE 100: +0.7%
France’s CAC 40: +1.4%
Italy’s FTSE MIB: +1.5%
Spain’s IBEX 35: +0.5%