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Eurostat will publish the preliminary Harmonized Index of Consumer Price (HICP) data for May on Friday. Investors expect the core HICP to rise 2.8% on a yearly basis. A reading below the market expectation could weigh on the Euro with the immediate reaction.
Tomorrow’s update on US inflation for April looks set to tick lower, although the odds aren’t trivial that pricing pressure will remains sticky, according to various forecasts and ...