Reply To: Traders Market Weekly: Balancing Expectations, Earnings and Money Flow


Eurozone’s May Industrial Production 0.2% m/m (expected 0.3%; last 1.0%); -2.2% yr/yr (expected -1.2%; last 0.2%)

France’s June CPI 0.2% m/m, as expected (last -0.1%); 4.5% yr/yr, as expected (last 5.1%)

European Central Bank policymaker Visco said that he is somewhat against the preference for additional tightening, adding that the peak rate is not far away. Meanwhile, policymaker Stournaras said that a September rate hike is not a done deal, given the weakening economy.