{"id":133267,"date":"2024-08-26T09:15:48","date_gmt":"2024-08-26T06:15:48","guid":{"rendered":"https:\/\/tietopankki.crnet.fi\/fi\/news\/markets-look-ahead-eu-inflation-data-in-focus-as-ecb-considers-rate-move\/"},"modified":"2024-08-26T09:15:48","modified_gmt":"2024-08-26T06:15:48","slug":"markets-look-ahead-eu-inflation-data-in-focus-as-ecb-considers-rate-move","status":"publish","type":"post","link":"https:\/\/tietopankki.crnet.fi\/fi\/news\/markets-look-ahead-eu-inflation-data-in-focus-as-ecb-considers-rate-move\/","title":{"rendered":"Markets look ahead: EU inflation data in focus as ECB considers rate move"},"content":{"rendered":"<div class=\"mp_wrapper\">\n  <div class=\"mepr-unauthorized-message\">\n    <p>You are unauthorized to view this page.<\/p>\n  <\/div>\n  <div class=\"mepr-login-form-wrap\">\n            \n<div class=\"mp_wrapper mp_login_form\">\n                  <!-- mp-login-form-start -->     <form name=\"mepr_loginform\" id=\"mepr_loginform\" class=\"mepr-form\" action=\"https:\/\/tietopankki.crnet.fi\/fi\/login-2\/\" method=\"post\">\n            <div class=\"mp-form-row mepr_username\">\n        <div class=\"mp-form-label\">\n                              <label for=\"user_login\">Username<\/label>\n        <\/div>\n        <input type=\"text\" name=\"log\" id=\"user_login\" value=\"\" \/>\n      <\/div>\n      <div class=\"mp-form-row mepr_password\">\n        <div class=\"mp-form-label\">\n          <label for=\"user_pass\">Password<\/label>\n          <div class=\"mp-hide-pw\">\n            <input type=\"password\" name=\"pwd\" id=\"user_pass\" value=\"\" \/>\n            <button type=\"button\" class=\"button mp-hide-pw hide-if-no-js\" data-toggle=\"0\" aria-label=\"Show password\">\n              <span class=\"dashicons dashicons-visibility\" aria-hidden=\"true\"><\/span>\n            <\/button>\n          <\/div>\n        <\/div>\n      <\/div>\n            <div>\n        <label><input name=\"rememberme\" type=\"checkbox\" id=\"rememberme\" value=\"forever\" \/> Remember Me<\/label>\n      <\/div>\n      <div class=\"mp-spacer\">&nbsp;<\/div>\n      <div class=\"submit\">\n        <input type=\"submit\" name=\"wp-submit\" id=\"wp-submit\" class=\"button-primary mepr-share-button \" value=\"Log In\" \/>\n        <input type=\"hidden\" name=\"redirect_to\" value=\"\/fi\/wp-json\/wp\/v2\/posts\/133267\" \/>\n        <input type=\"hidden\" name=\"mepr_process_login_form\" value=\"true\" \/>\n        <input type=\"hidden\" name=\"mepr_is_login_page\" value=\"false\" \/>\n      <\/div>\n    <\/form>\n    <div class=\"mp-spacer\">&nbsp;<\/div>\n    <div class=\"mepr-login-actions\">\n        <a\n          href=\"https:\/\/tietopankki.crnet.fi\/fi\/login-2\/?action=forgot_password\"\n          title=\"Click here to reset your password\"\n        >\n          Forgot Password        <\/a>\n    <\/div>\n\n      \n    <!-- mp-login-form-end --> \n  <\/div>\n      <\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<div class=\"smart_content_wrapper\">\nThe Eurozone is set to release its first estimate of inflation for August, offering clues about the ECB&#8217;s interest rate decision in September. Nvidia&#8217;s earnings results will also be in the spotlight as investors seek to gauge the trajectory of the AI industry. This week, several influential economic data releases and company earnings reports are expected to shape market trends. In the Eurozone, the preliminary estimate of the Consumer Price Index (CPI) for August will be closely watched.<\/p>\n<p>In the United States, another critical inflation measure, the Personal Consumption Expenditure (PCE), is due for release. Additionally, artificial intelligence giant Nvidia is scheduled to report its quarterly earnings results.The Eurozone&#8217;s flash inflation data for August will take centre stage this week. Following a stubbornly high consumer price reading in July, this data is crucial for the European Central Bank as it considers its next interest rate move.<\/p>\n<p>Annual inflation rose to a six-month high of 2.6% in July, with core inflation &#8211; excluding volatile items such as food, energy, alcohol, and tobacco &#8211; remaining at 2.9% year on year for the third consecutive month, as price pressures in services persisted. Consensus suggests that inflation will cool rapidly to 2.2% in August, enhancing expectations for the ECB to continue cutting interest rates for the remainder of the year. Major economies, including Germany, Italy, and France, will also release their flash CPI data for August. Recent data showed that inflation in Germany and France rose to 2.3% and 2.2%, respectively, in July.<\/p>\n<p>Consumer prices in Italy jumped to a four-month high of 1.3%, up from 0.8% in the previous month. According to consensus, inflation in France may further elevate due to the Paris Olympics, while German CPI could subdued in August. Additionally, Germany will release its final GDP figures, which are expected to confirm a slight contraction of 0.1% in the second quarter. France is due to release its preliminary GDP for the second quarter, with expectations that the growth rate will remain at 0.3% quarter on quarter. However, the Bank of France has indicated that the Paris Olympics could boost economic growth by up to 0.25% in the third quarter.<\/p>\n<p>The market&#8217;s attention will be on the Personal Consumption Expenditures (PCE) data for July, which is due for release this week and is regarded as the Federal Reserve\u2019s preferred inflation gauge. The PCE decreased to 2.5% year on year in June, down from 2.6% in the previous month, with a modest 0.1% month-on-month increase, indicating that inflationary pressures are easing in the US.The annual Consumer Price Index (CPI) release earlier in the month also showed signs of cooling inflation, bolstering expectations that the Fed will commence a rate-cut cycle in September. The US will also release the preliminary GDP figures for the second quarter, representing the second estimate by the US Bureau of Economic Analysis.<\/p>\n<p><a rel=\"noopener\" href=\"https:\/\/www.euronews.com\/business\/2024\/08\/26\/markets-look-ahead-eu-inflation-data-takes-centre-stage\">Read more&gt;&gt;<\/a><\/p>\n<p>Source: <a rel=\"noopener\" href=\"https:\/\/www.euronews.com\/business\/2024\/08\/26\/markets-look-ahead-eu-inflation-data-takes-centre-stage\">Euronews<\/a><\/p>\n<\/div>\n<p>The post <a rel=\"noopener\" href=\"https:\/\/vastuullisuusuutiset.fi\/fi\/vaufien\/markets-look-ahead-eu-inflation-data-in-focus-as-ecb-considers-rate-move\/\">Markets look ahead: EU inflation data in focus as ECB considers rate move<\/a> appeared first on <a rel=\"noopener\" href=\"https:\/\/vastuullisuusuutiset.fi\/fi\">Vastuullisuusuutiset.fi<\/a>.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[22],"tags":[15839,1082,606,607,608],"class_list":["post-133267","post","type-post","status-publish","format-standard","hentry","category-news","tag-eu-inflation-data","tag-rate","tag-vau_viikkokatsaus","tag-vauen","tag-vaufien"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/tietopankki.crnet.fi\/fi\/wp-json\/wp\/v2\/posts\/133267","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tietopankki.crnet.fi\/fi\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tietopankki.crnet.fi\/fi\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tietopankki.crnet.fi\/fi\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tietopankki.crnet.fi\/fi\/wp-json\/wp\/v2\/comments?post=133267"}],"version-history":[{"count":0,"href":"https:\/\/tietopankki.crnet.fi\/fi\/wp-json\/wp\/v2\/posts\/133267\/revisions"}],"wp:attachment":[{"href":"https:\/\/tietopankki.crnet.fi\/fi\/wp-json\/wp\/v2\/media?parent=133267"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tietopankki.crnet.fi\/fi\/wp-json\/wp\/v2\/categories?post=133267"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tietopankki.crnet.fi\/fi\/wp-json\/wp\/v2\/tags?post=133267"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}