Germany June preliminary CPI +0.9% vs +0.6% y/y expected 0 (0)

Latest data released by Destatis – 29 June 2020
– +0.6%
– CPI +0.6% vs +0.3% m/m expected
– Prior -0.1%
The state readings earlier provided a slight upside bias going into the release and the figures here pretty much confirms it. Price pressures improved modestly in the month of June and that is a positive takeaway at

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No escaping the back and forth action in risk during European trading just yet 0 (0)

The market continues to chop around ahead of US trading once again
The last few sessions (⬆) have seen more choppy price action in risk in European morning trade and today is no different. Stocks began with a more tepid now before inching slightly higher in the opening hour, then back lower and now back higher again.

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