SGM-FX insights
Our Daily Brief provides insights into the news and views driving today’s foreign currency exchange rates.
The EU Commission revised its 2017 Euro-zone GDP growth forecast marginally higher
The EU Commission revised its 2017 Euro-zone GDP growth forecast marginally higher to 1.6% from 1.5% previously, although this was still lower than the 2016 outcome and the underlying tone remained generally downbeat with a high degree of uncertainty over both domestic and US developments. The inflation forecast for this year was revised higher […]
One-year inflation expectations rose to 3.0% in the latest survey from 2.8% previously
SGM-FX
Tue 14 Feb 2017
According to the New York Federal Reserve, one-year inflation expectations rose to 3.0% in the latest survey from 2.8% previously and the highest reading since the middle of 2015. Inflation expectations will be an important element of Fed thinking over the next few months, especially as the FOMC had worried previously that low expectations […]
