Weekly Focus – Euro Inflation Key to Zize of Next ECB Hike

[PocketOption]

Weekly Focus - Euro Inflation Key to Zize of Next ECB Hike

Flash PMI’s for November turned out to be a mixed bag. US data disappointed as the manufacturing PMI dropped to 47.6 from 50.4 and service PMI pushed lower as well to 46.1 from 47.8. It is broadly in line with our view that the US economy is heading into a mild recession in early 2023. […]

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