EZ inflation data for euro due today


Euro zone flash inflation data for May is due today, with the consensus being a 0.7% rise year-on-year. The numbers are expected to detail decreasing price pressures in the region and reinforce the case for a heavy monetary stimulus from the European Central Bank.

Barclays, RBS and JPMorgan predict an annual inflation reading of 0.5%, which is far below the European Central Bank's target of near or just below 2%. A softer reading will also boost the chances of the ECB loosening it's policy towards negative deposit rates when it meets on Thursday.

ETFs: FXE, EUO, ERO, DRR, EUFX, ULE, URR

From other sites
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs