Nick Kounis, an analyst at ABN AMRO explained that the early July inflation data from Germany (stable at 2.1%), Spain (steady at 2.3%) and Belgium (which edged up to 2.2% from 2.1%) suggest that eurozone inflation was likely also stable. Key Quotes: “This would also be in line with the consensus, for an unchanged rate of 2%.” “However, looking at the details, it looks as if the risks to the consensus forecast for eurozone core inflation (a rise to 1% from 0.9%) are skewed to downside.” “Indeed, we expect core inflation to have remained unchanged. We think underlying inflationary pressures remain weak and that core inflation will likely rise more slowly than the ECB expects in the coming quarters.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next US Pres Trump: Willing to consider a government shutdown to have a proper border security FX Street 5 years Nick Kounis, an analyst at ABN AMRO explained that the early July inflation data from Germany (stable at 2.1%), Spain (steady at 2.3%) and Belgium (which edged up to 2.2% from 2.1%) suggest that eurozone inflation was likely also stable. Key Quotes: "This would also be in line with the consensus, for an unchanged rate of 2%." "However, looking at the details, it looks as if the risks to the consensus forecast for eurozone core inflation (a rise to 1% from 0.9%) are skewed to downside." "Indeed, we expect core inflation to have remained unchanged. We think underlying inflationary… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
