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About: anakin
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In February, Germany’s Harmonized Index of Consumer Prices exceeded predictions, reaching 2.8% year-on-year.
Germany’s HICP rose 2.8%, EUR/USD steady, Gold dipped, GBP/USD held, key events ahead: Payrolls, ECB.
Forecast distributions for US PCE indicate market reactions depend on surprises and expectations.
Forecast distribution matters; deviations impact markets. Core PCE focus, consensus at 2.6% YoY, 0.3% MoM; surprises possible.
The Harmonised Index of Consumer Prices in Germany recorded a 0.6% increase, exceeding forecasts.
Germany’s HICP rose 0.6% in February, surpassing the expected 0.5% increase in consumer prices.
Gold prices decline amid US stock market drop, with key levels influencing future movements and data sensitivity.
Gold breaks trendline, bearish momentum grows. Key levels: 2790 support, 2600 target. NFP, CPI data crucial.
The GBP/USD pair weakens further, approaching 1.2570 against the USD during the European session.
Pound Sterling weakens against US Dollar amid market caution, tariff announcements, and rising US Dollar Index.
