Analysts at TD Securities note that Eurozone’s September flash headline inflation came in as expected at 2.1% y/y, but the core measure disappointed at 0.9% y/y (mkt: 1.1%), which will pose challenges to the ECB if it doesn’t break out above 1% in the next few months. Key Quotes “The softness in core was likely driven by core services prices, though details at this stage remain scant. President Draghi described their core inflation forecast as “vigorous” earlier this week (they forecast core inflation to hit 1.8% in 2020), but today’s data just continues the sideways move seen in recent years: core inflation has remained between 0.6% and 1.2% since 2013. The German unemployment rate unexpectedly fell to a record low in September, hitting 5.1%.” 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 PBoC: Authority can adjust rates any time – Westpac FX Street 4 years Analysts at TD Securities note that Eurozone's September flash headline inflation came in as expected at 2.1% y/y, but the core measure disappointed at 0.9% y/y (mkt: 1.1%), which will pose challenges to the ECB if it doesn't break out above 1% in the next few months. Key Quotes "The softness in core was likely driven by core services prices, though details at this stage remain scant. President Draghi described their core inflation forecast as "vigorous" earlier this week (they forecast core inflation to hit 1.8% in 2020), but today's data just continues the sideways move seen in recent years:… 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.
