Germany Harmonized Index of Consumer Prices (YoY) in line with expectations (2.7%) in May
TMGM Analysis: Financial Market News, Economic Calendar & Market Insights
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1Swiss Franc: Downtrend eyes 0.8155–0.8175 zone against US Dollar – UOB2Russian Ruble: CBR pause expected as inflation risks build – Commerzbank3British Pound remains weaker against Japanese Yen following UK economic data4New Zealand Dollar gathers strength above 0.5800, all eyes on US CPI inflation data5AUD/USD Price Forecast: Positive Divergence with RSI backs further recovery6Equities: Oil shock and ECB hawkishness keep selloff contained – Danske Bank7ECB’s Nagel: Too early to speculate on rate hikes8Brent: Supply risks and Saudi cuts support prices – ING9Euro retreats from weekly highs against British Pound as UK data beats expectations
