The Week Ahead – FOMC, ECB, BOJ, BI Policy Meetings. Flash PMIs, German, Australia, Tokyo and Singapore CPI
Nomura – The Week Ahead
The Euro Area and Food Inflation
The risks for the euro area and global food inflation have not yet gone away from extreme heat and geopolitics. Hopes remain that the Grain Deal can be revived once again. Natural gas prices are down, roughly speaking but oil prices are not. Is this the start of a new trend? Does this upset the apple cart of energy? Disinflation will have to wait and see.
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