UK inflation data is in focus<\/a> and is expected to show that CPI cooled to 9.8% YoY, down from 10.4% in February.<\/p>\nThe euro fell yesterday as German ZEW economic sentiment surprise, falling to 4.1 from 13.5. Expectations had been for a rise to 15.<\/p>\n
Eurozone CPI is expected to confirm the initial 6.9% preliminary reading and core CPI is set to rise to 5.7%.<\/p>\n
Hot inflation data would support the recent hawkish commentary from the ECB officials.<\/p>\n","protected":false},"excerpt":{"rendered":"
The pound-euro exchange rate is treading water around \u20ac1.1325 for a second day. The pound rose modestly yesterday after UK jobs data showed that while unemployment rose, wage growth was also stronger than expected at 5.9%. Today UK inflation data is in focus and is expected to show that CPI cooled to 9.8% YoY, down […]<\/p>\n","protected":false},"author":163946598,"featured_media":5348,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1380,1379],"tags":[1395,1394,2410],"class_list":["post-114274","post","type-post","status-publish","format-standard","has-post-thumbnail","category-eur","category-gbp","tag-eur","tag-gbp","tag-gbp-eur"],"acf":[],"yoast_head":"\n
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