EU on Brexit talks: Our overall message this week is to intensify negotiations to make progress 0 (0)

Tick tock, tick tock
According to the commission spokesman, „our overall message this week but also for the coming weeks and coming months is to intensify our negotiations in order to make progress to get a deal. Our goal is to make progress and to reach a deal“.

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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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