S&P 500 — US Large Cap Index
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico MarketTD Securities reports on Eurozone inflation, which has dropped to 1.7% year-on-year, primarily due to energy prices. The analysis indicates that this disinflationary trend is not expected to influence the ECB’s upcoming meeting, as it has been anticipated. The core inflation measure also slowed, suggesting a broader easing in price pressures.
Eurozone inflation insights
“Euro area inflation dropped as expected to 1.7% y/y on headline measure.”
“As we discussed previously, the biggest contributor to this disinflationary pace was energy at -4.1% y/y, predominantly on the back of base effects.”
“This will not move the ECB off its perch at their meeting on Thursday, nor should it feature in the statement given that this move has been anticipated and explained in the past.”
Today Markets
