ECBs Villeroy: ECB is attaining a comfortable touchdown


ECBs Villeroy is weighing in after weaker knowledge as we speak:

  • ECB is attaining a comfortable touchdown
  • Not behind the curve as we speak
  • Pays shut atttention to danger of undershooting goal, holding financial exercise unnecessarily subdued.

The PMI flash knowledge as we speak have been comfortable (is {that a} comfortable touchdown). Every missed expectations to the draw back that’s….

  • EUR German Remaining GDP q/q: MISSED – Precise 0.1% vs. Forecast 0.2%, Earlier 0.2%.
  • GBP Retail Gross sales m/m: MISSED – Precise -0.7% vs. Forecast -0.3%, Earlier 0.1%.
  • EUR French Flash Manufacturing PMI: MISSED – Precise 43.2 vs. Forecast 44.6, Earlier 44.5.
  • EUR French Flash Providers PMI: MISSED – Precise 45.7 vs. Forecast 49.1, Earlier 49.2.
  • EUR German Flash Manufacturing PMI: MET – Precise 43.2 vs. Forecast 43.1, Earlier 43.0.
  • EUR German Flash Providers PMI: MISSED – Precise 49.4 vs. Forecast 51.6, Earlier 51.6.
  • EUR Flash Manufacturing PMI: MISSED – Precise 45.2 vs. Forecast 46.0, Earlier 46.0.
  • EUR Flash Providers PMI: MISSED – Precise 49.2 vs. Forecast 51.6, Earlier 51.6.
  • GBP Flash Manufacturing PMI: MISSED – Precise 48.6 vs. Forecast 50.0, Earlier 49.9.
  • GBP Flash Providers PMI: MISSED – Precise 50.0 vs. Forecast 51.9, Earlier 52.0.

This text was written by Greg Michalowski at www.forexlive.com.



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