A mixed open for European indices today
<ul><li>Eurostoxx -0.1%</li><li>Germany DAX +0.1%</li><li>France CAC 40 -0.1%</li><li>UK FTSE -0.1%</li><li>Spain IBEX +0.1%</li></ul><p>This comes as US futures are also little changed on the day but there is some back and forth action on ECB pricing. Despite the hotter French inflation numbers <a href="https://www.forexlive.com/news/france-august-preliminary-cpi-48-vs-46-yy-expected-20230831/" target="_blank" rel="follow">here</a>, we are actually seeing odds of a rate hike be pared back to ~51% at the moment from around ~58% earlier in the day. The pricing is rather volatile at the moment and will be even more so as we get to the Eurozone inflation numbers later.</p>
This article was written by Justin Low at www.forexlive.com.
Leave a Comment