OctaFX | OctaFX Forex Broker
Open trading account

EU inflation trend on the rise – Nomura

FXStreet (Delhi) – Research Team at Nomura, suggests that the Europe’s inflation trend is on the rise sharply but the rise is shorter than in the UK.

Key Quotes

“UK inflation did not match the euro area’s rise during October, owing to tuition fees. Big upcoming base effects will drive inflation rates generally higher, but they are bigger in the euro area, so the UK rate will likely slip further behind.”

“The more advanced position of the UK economic cycle appears to be placing it on a more normally sloped and thus inflationary part of the Phillips curve. So by Q2, UK inflation is likely to have reasserted its relatively brisk pace, in our view.”

US: The status quo is shifting – Rabobank

Michael Every, Research Analyst at Rabobank, suggests that the US data yesterday suggested the economic status quo is shifting, yet questions again remain as to which way.
Read more Previous

French police in shootout with suspect in Paris

French police have engaged in a heavy shootout with a suspect in the north area of St.Denis (Paris), with local media reporting now that they have an escaped terrorist cornered.
Read more Next
Start livechat