Consumer prices in the euro area! In an hour!
Dear traders,
In an hour, at 12:00 (Kiev), the data on the October inflation in the eurozone will be published. The report should confirm that consumer prices will rise by 1.4%, remaining below the ECB target.
Perhaps, the more important data in the report will be on core inflation, which do not include energy and food prices. According to forecasts, core inflation will slow to a minimum of 0.9% in five months, supporting the ECB’s policy of very gradual tightening of monetary policy.
In any case, the attention of traders is focused on pairs with EUR!
Do not miss the opportunity to make money on the volatility of the market!
We remind you that you can always get acquainted with upcoming news in the Economic Calendar, as well as in the daily market review on our official YouTube channel.
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