Eurozone: Current peak in inflation is temporary - Natixis


Share:

In the Eurozone, analysts at Natixis are keeping their scenario unchanged as they continue to believe that the current peak in inflation is temporary and will not last beyond April.

Key Quotes

“Indeed, inflation rate should slow down gradually thereafter. Thus we do not expect a change in the current monetary stance by the ECB, yet the ECB is likely to face some pressures to tighten its policy. The acceleration of inflation comes to support our scenario of a deceleration of growth from now on due to its effect on consumers spending.”

Share: Feed news

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers. The author will not be held responsible for information that is found at the end of links posted on this page.

If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.

The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.

Follow us on Telegram

Stay updated of all the news

Join Telegram

Recommended content


Follow us on Telegram

Stay updated of all the news

Join Telegram

Recommended content

Editors’ Picks

EUR/USD holds gains above 1.0700 amid weaker US Dollar, EU data eyed

EUR/USD holds gains above 1.0700 amid weaker US Dollar, EU data eyed

EUR/USD is posting small gains above 1.0700, finding support from a broad US Dollar weakness and hawkish ECB expectations ahead of the mid-tier EU data this Tuesday. Cautious market mood and disappointing German Factory Orders limit the upside in the major. 

EUR/USD News

GBP/USD defends bids near 1.2450 amid cautious markets

GBP/USD defends bids near 1.2450 amid cautious markets

GBP/USD is trading close to 1.2450, defending minor bids in early Europe. Amidst poor US economic data and increased Fed pause bets, the US Dollar takes the back seat, despite a cautious risk tone so far this Tuesday. 

GBP/USD News

Gold gyrates within $1,955-73 trading zone

Gold gyrates within $1,955-73 trading zone

Gold price aptly portrays the sluggish markets heading into Tuesday’s European session, after an indecisive week. The XAU/USD highlights a lack of major data/events on the economic calendar, as well as mixed concerns about the Federal Reserve’s (Fed) moves and the diplomatic ties between the US and China.

Gold News

Is the metaverse hype back in action?

Is the metaverse hype back in action?

Although there are no major macroeconomic events this week, investors can expect massive volatility on a daily basis. The reasoning behind this outlook is that Apple will be conducting the 2023 Apple Worldwide Developers Conference (WWDC) on June 5.

Read more

Plotting the slope for the Fed's final glide path

Plotting the slope for the Fed's final glide path

Given that investors have very strong recession priors and it's well understood the services sectors are driving the bulk of the post-Covid cross-asset recovery, the negative services print was viewed a tad pessimistic on a multi-cross-asset level as the summer lull beckons.

Read more

Forex MAJORS

Cryptocurrencies

Signatures