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Indian Rupee: RBI seen on hold as growth solid – Commerzbank
Commerzbank’s analysts report that USD/INR has eased as India’s June industrial production surprised to the upside and inflation stayed within the Reserve Bank of India’s target band.
Federal Reserve: Extended pause with 2027 cuts – UOB
UOB’s Suan Teck Kin and Alvin Liew analyze the latest FOMC decision, noting the Fed Funds Target Rate remains at 3.50%-3.75% for a fifth straight meeting despite three dissenting votes favoring a hike.
Germany Hesse CPI (MoM) rose from previous -0.2%Â to 0.7% in July
Germany Hesse CPI (MoM) rose from previous -0.2%Â to 0.7% in July
Germany Hesse CPI (YoY): 2.7% (July) vs 2.3%
Germany Hesse CPI (YoY): 2.7% (July) vs 2.3%
Germany North Rhine-Westphalia CPI (MoM) up to 0.9% in July from previous -0.4%
Germany North Rhine-Westphalia CPI (MoM) up to 0.9% in July from previous -0.4%
Germany North Rhine-Westphalia CPI (YoY) climbed from previous 2.1% to 2.7% in July
Germany North Rhine-Westphalia CPI (YoY) climbed from previous 2.1% to 2.7% in July
Germany Saxony CPI (MoM) up to 0.7% in July from previous -0.3%
Germany Saxony CPI (MoM) up to 0.7% in July from previous -0.3%
German flash Q2 GDP rises 0.2% QoQ, beats 0.1% estimates
German preliminary Q2 Gross Domestic Product (GDP) rises at a 0.2% pace, beating the estimates of 0.1%, according to the Federal Statistics Office of Germany. However, the GDP growth remains slower than the previous reading of 0.3%.
Germany Saxony CPI (YoY) increased to 2.8% in July from previous 2.3%
Germany Saxony CPI (YoY) increased to 2.8% in July from previous 2.3%
Germany Brandenburg CPI (MoM): 0.7% (July) vs -0.2%
Germany Brandenburg CPI (MoM): 0.7% (July) vs -0.2%
Germany Brandenburg CPI (YoY) up to 2.7% in July from previous 2.4%
Germany Brandenburg CPI (YoY) up to 2.7% in July from previous 2.4%
Germany Baden-Wuerttemberg CPI (YoY) climbed from previous 2.1% to 2.5% in July
Germany Baden-Wuerttemberg CPI (YoY) climbed from previous 2.1% to 2.5% in July
Germany Baden-Wuerttemberg CPI (MoM) increased to 0.8% in July from previous -0.2%
Germany Baden-Wuerttemberg CPI (MoM) increased to 0.8% in July from previous -0.2%