Reply To: Traders Market Weekly: Is the Goldilocks Scenario a Myth and Does it Matter?


U.K.’s August Nationwide HPI -0.8% m/m (expected -0.3%; last -0.3%); -5.3% yr/yr (expected -3.9%; last -3.8%).

France’s July government budget deficit EUR169.0 bln (last deficit of EUR116.2 bln).

Italy’s Q2 GDP -0.4% qtr/qtr (expected -0.3%; last 0.6%); 0.4% yr/yr (expected 0.6%; last 1.9%). July PPI -0.1% m/m (last -0.3%); -10.2% yr/yr (last -5.5%)

Swiss August CPI 0.2% m/m, as expected (last -0.1%); 1.6% yr/yr (expected 1.5%; last 1.6%).

European Central Bank policymaker Villeroy de Galhau said that the interest rate peak is near, fueling additional speculation about a potential pause at the September meeting.