German inflation the sole feature of the agenda in Europe

It has been a bit of a slow week with it being the summer and when you throw in the anticipation to the US CPI data later today, it doesn’t help with how things have been so far this week. On top of that, there is a lack of meaningful economic releases and today is another one of those days in Europe as well.

Markets are lacking any real appetite as all eyes are fixated on the US consumer inflation report, so don’t expect much in terms of meaningful action in the session ahead. At most, we will see some positioning flows but any real convictions will only be settled once we get to the key release.

Dodaj komentarz

Twój adres e-mail nie zostanie opublikowany.