CPI Archives - SCOPE MARKETS Blog

European indices head lower as inflation-led rally fades

European markets are heading into the weekend on a somewhat downbeat tone, despite having seen the Dow break 40,000 for the first time. US inflation data has dominated sentiment for markets this week, with the lower-than-expected report helping to keep the bears at bay for now. Nonetheless, the optimism seen in US markets belies the […]

by Joshua Mahony
6 months ago

Energy focus helps shield FTSE 100 from wider declines

European markets have kicked off the day on a downbeat tone, with the DAX leading the declines on a day that looks largely devoid of any notable economic or earnings releases. Those losses are lessened somewhat for the CAC, with French trade data bringing a welcome rebound in exports that flew in the face of […]

by Joshua Mahony
7 months ago

Bitcoin ETF’s gear up for first day of trade as markets await key US CPI release

European markets are enjoying a strong start to trade today, as markets gear up for a volatile end to the week thanks to the impending US inflation and bank earnings. Falling treasury yields continue to help sentiment for risk-assets, with the US 10-year yield easing lower ahead of today’s crucial CPI release. Comments from Fed […]

by Joshua Mahony
10 months ago

UK inflation preview: CPI expected to fall, but the road back to target may take 6-months

The Pound comes back into focus this week, following on from a week that saw the Bank of England head up a raft of top tier announcements that also included jobs and PMI data. While the Federal Reserve may have taken on a notably dovish approach, the Bank of England remains cautious thanks to an […]

by Joshua Mahony
11 months ago

ECB and BoE rate decision Preview: Will widening rate differential drive EURGBP weakness?

The Bank of England and European Central Bank are set to announce their latest monetary policy decision on Thursday 14 December, with markets looking for fresh clues over the trajectory of interest rates in the year ahead. November saw plenty of optimism from global markets as a slump in eurozone inflation and US payrolls sparked […]

by Joshua Mahony
11 months ago

Eurozone CPI Preview: Energy decline helping to clear the pathway towards target

What and when Thursday sees the latest eurozone inflation data released, bringing the potential for major euro volatility as markets adjust their expectations of around the timing of a 2024 rate cut from the ECB. The past two-years has seen plenty of swings in the inflation rate, with October 2022 seeing the headline CPI rate […]

by Joshua Mahony
11 months ago