Danske Bank analysts suggest that with clouds over the Eurozone’s growth outlook clearing a little, unit labour costs rising and firms’ margins being squeezed, they still see strong arguments for core inflation to reach rates of 1.3-1.4% by year-end. Key Quotes “We emphasise that it will be a gradual uptrend, as the current economic environment remains fragile.” “Markets generally remain very sceptical about any core inflation uptick in the current economic environment, in line with the very subdued ECB pricing. In our view, current inflation market pricing remains too low and we see scope for repricing in inflation-related products, especially in H2 19.” “We doubt that the projected gradual rise in core inflation is enough to convince the ECB to bring rate hikes back to the table for 2020.” 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 Iran’s Deputy Guards Chief: “No talks will be held with the Americans” FX Street 3 years Danske Bank analysts suggest that with clouds over the Eurozone's growth outlook clearing a little, unit labour costs rising and firms' margins being squeezed, they still see strong arguments for core inflation to reach rates of 1.3-1.4% by year-end. Key Quotes "We emphasise that it will be a gradual uptrend, as the current economic environment remains fragile." "Markets generally remain very sceptical about any core inflation uptick in the current economic environment, in line with the very subdued ECB pricing. In our view, current inflation market pricing remains too low and we see scope for repricing in inflation-related products, especially… 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.
