The Chartered Institute of Stockbrokers (CIS) has inducted the group managing director and chief executive officer of Zenith Bank Plc, Dr Ebenezer Onyeagwu as
Focus today turns to euro area inflation for May which is due 11.00 CET. After German and Spanish headline HICP came in slightly stronger than consensus, we see slight risks of a topside surprise to the euro area headline HICP consensus of 2.5% y/y. We expect headline HICP to print 2.5-2.6% y/y. As for the core HICP we expect this to be unchanged from April at 2.7% y/y, as the recent momentum in services inflation has been too strong, and we expect this to be the case for May too. Ahead of the euro area print, we receive inflation figures from France (08.45 CET), Austria (09.00 CET), Portugal (10.30 CET), and Slovenia (10.30 CET).
Panetta Says ECB Cuts Now Avoid Tardy and Hasty Action Later bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
Week Ahead for FX, Bonds : U S Jobs Data in Focus, ECB Expected to Start Cutting Rates marketscreener.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketscreener.com Daily Mail and Mail on Sunday newspapers.