- Prior was +0.8%
- Wage price index y/y +4.1% vs +4.0% expected
- Prior was +4.1% y/y
The numbers are a tad cooler than expected, which should continue to tilt the market towards a rate cut. The first one is nearly fully priced now for December.
This article was written by Adam Button at www.forexlive.com.
Related Articles
German election preview: History will be made on Sunday, what to watch for
On Sunday, German voters go to the polls in a high-contested election....
FX Weekly Recap: February 17 – 21, 2025
The majors were all about trade tensions and central banks’ moves this...
Global Market Weekly Recap: February 17 – 21, 2025
Geopolitical developments continued to be a driving force in the markets, initially...
Gold rally takes a breather, still heading for eight straight weekly advance
Gold price slides late on Friday, poised to end the week positively,...
Leave a comment