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Get the latest economic news from ForexMart, including updates on the financial market, central banks' policy announcements, financial indicators, and other relevant news which can have an impact on the industry.

Disclaimer:  Information provided here to retail and professional clients does not contain and should not be construed as containing investment advice or an investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance.

Unpredicted Rise of Eurozone Core Inflation in July

July, 31 2017
watermark Economic news

The Eurozone core inflation reached a four-year high this July. This has been the highest level since August 2013 rose to 1.3 percent this month from 1.2 percent in the previous month. This was unexpected as the market now yearns for a market slowdown. On the other hand, the unemployment data from the eurozone dropped to its lowest since 2009 in June as that shown on Monday.


These outcomes will encourage the European Central Bank to ease their monetary policies which will be decided on Autumn and ways to extend their quantitative easing program worth 2.3 trillion euros ($2.70 trillion) since a slow core inflation and wage growth as reasons to be heedful. Nevertheless, these can be seen as a positive thing for the ECB  despite low core inflation as described by a bank economist from Morgan Stanley.


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Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.