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3 Jun 2015

ECB could revise inflation higher

FXStreet (Edinburgh) - The European Central Bank could revise up its inflation forecasts for the upcoming periods in light of the recent CPI results in the euro area, emphasizing at the same time the benefits of the ongoing ‘quantitative easing’ programme.

While rates are expected to remain unchanged, the central bank is expected to bypass any form of QE taper, pointing instead to a full implementation of the bond-buying programme. Regarding Greece, a brief mention could be expected (if any at all).
Jun 3, 2015

UK PMIs hint at fairly modest bounce following 1Q GDP – ING

James Knightley, Senior Economist at ING, reviews the UK May services PMI data release and further comments shares the GDP growth forecasts for 2Q15.
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Jun 3, 2015

EUR/USD drops to 1.1104

The EUR/USD pair dipped to 1.1104 levels even though the data released in the Eurozone showed retail sales ticked higher in April, while the unemployment rate declined in May.
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