Tuuli Koivu, Research Analyst at Nordea Markets, points out that the Euro-area core inflation at 1.1% was in line with consensus but slightly below their expectation. Key Quotes “According to our preliminary calculations, the monthly change in the core inflation was stronger than in the previous months but did not correct for the weakness seen in August and September.” “The rise in the annual inflation number was mainly due to the base effect from a year ago. The headline inflation continued above the ECB target at 2.2% due to strong positive contributions from food and energy.” “We do not think that the recent weakness in the Euro-area data makes the ECB change its plans to stop net asset purchases at the end of 2018.” 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 Eurozone: Headline inflation increased to 2.2% in October – ING FX Street 4 years Tuuli Koivu, Research Analyst at Nordea Markets, points out that the Euro-area core inflation at 1.1% was in line with consensus but slightly below their expectation. Key Quotes "According to our preliminary calculations, the monthly change in the core inflation was stronger than in the previous months but did not correct for the weakness seen in August and September." "The rise in the annual inflation number was mainly due to the base effect from a year ago. The headline inflation continued above the ECB target at 2.2% due to strong positive contributions from food and energy." "We do not think… 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.
