Reply To: Traders Market Weekly: Climbing The Wall of Worry

#56698
Truman
Participant

Eurozone’s February Industrial Production 1.5% m/m (expected 1.0%; last 1.0%); 2.0% yr/yr (expected 1.5%; last 0.9%)
Germany’s March CPI 0.8% m/m, as expected (last 0.8%); 7.4% yr/yr, as expected (last 8.7%)
Italy’s February Industrial Production -0.2% m/m (expected 0.5%; last -0.5%); -2.3% yr/yr (expected 2.9%; last 1.6%)

There is a growing sense that the European Central Bank will announce a 25-bps rate increase at its May meeting.