wrapper

Eurozone CPI inceased by 0.4% in January

Friday, Jan 29 2016
Euro area annual inflation is expected to be 0.4% in January 2016, up from 0.2% in December 2015, according to a flash estimate from Eurostat, the statistical office of the European Union. This was in line with market forecasts.
 Looking at the main components of euro area inflation, services is expected to have the highest annual rate in January (1.2%, compared with 1.1% in December), followed by food, alcohol & tobacco (1.1%, compared with 1.2% in December), non-energy industrial goods (0.7%, compared with 0.5% in December) and energy (-5.3%, compared with -5.8% in December). 
 
Euro is currently being traded around 1.0910 area. Pair is likely to find support around 1.0850 handle and resistance above 1.0960 level. Later today, in the US session, GDP, Chicago PMI and Revised Consumer Sentiment figures are scheduled for a release.
More in this category: « M3 Money Supply decreased to 4.7% US GDP grew by 0.7% in Q4 »

Latest from Editor

About Us

Forex Web News is part of Rolling Capital Network providing financial consulting.

Within the Forex Web News we provide our readers with expert and timely technical analyses, fundamental analyses and news; with one aim – for our readers to make best possible financial decisions.

Forex Web News desks and analysis department follow the international markets closely and create high quality proprietary content on a both daily and weekly basis.

.

All our analysts have several years of trading and analysis experience. The Forex Web News analysis team creates daily and weekly analyses and offer forecasts regarding where they believe the markets are heading. Our readers are provided with data displayed both in texts and on graphs, providing them the fullest understanding of what is happening in the market place.

We are constantly growing our news desks and our analysis departments as we strive to broaden the content we provide to visitors of the Forex Web News.

Disclaimer

Rolling-capital.com – The company, employees, subsidiaries and associates, are not liable nor shall they be held liable jointly or severally for any loss or damage as a result of reliance on the information provided on this website. The data contained in this website is not necessarily provided in real-time nor is it necessarily accurate. All prices herein are provided by market makers and not by exchanges. As such prices may not be accurate and they may differ from the actual market price. rolling-capital.com bears no responsibility for any trading losses you might incur as a result of using any data within the Forex Web News.