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MORNING BID-Not even half-time

Published on December 9, 2024
Published by MargartBoan
Viewed by 4 people
#492762
166.00 US$

Description of item

A look at the day ahead in European and https://daga88.hair/ global markets from Anshuman Daga

As a blitz of central bank rate meetings from Australia and Britain to the United States keeps investors on edge this week, markets will also wrestle with crucial data on inflation and jobs.

Monday kicks off with the euro zone's October flash inflation estimate, which is expected to remain elevated with a 10.2% year-on-year rise.

With the ECB just delivering its second 75-basis-point (bps) rate increase to stem price pressures, authorities are desperate to see if their actions are having the desired impact.

ECB governing council member Klaas Knot said on Sunday that the central bank's next move in December is likely to be between 50 and 75 bps.

"We are not in even half-time yet," Knot said in an interview with Dutch TV programme Buitenhof, referring to the ECB's fight against surging euro zone inflation.

Location

Country
U.S. Virgin Islands
Region
Ha'il Region
City
Aarle-Rixtel
Address
Laarweg 157

Other information

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