Weak August regional CPI readings from Germany alerted markets to the risk that the national data (8.00ET) will undershoot expectations (unchanged M/M and 2.1% Y/Y, down from 2.3% in July), Scotiabank’s Chief FX Strategist Shaun Osborne notes.
Weak August regional CPI readings from Germany alerted markets to the risk that the national data (8.00ET) will undershoot expectations (unchanged M/M and 2.1% Y/Y, down from 2.3% in July), Scotiabank’s Chief FX Strategist Shaun Osborne notes.
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