Financial Markets Daily Report13 December 2022
Ahead of today's key CPI data release in the US, which is expected to show a deceleration in inflation, investors traded cautiously. Yields on 10-year sovereign bonds edged modestly up in the euro area while increasing more notably in the US.
- Ahead of today's key CPI data release in the US, which is expected to show a deceleration in inflation, investors traded cautiously. Yields on 10-year sovereign bonds edged modestly up in the euro area while increasing more notably in the US.
- In stock markets, indices declined in Asia and Latin America, were mixed in the euro area and rose in the US. In FX markets, the US dollar strengthened against most of its peers, but the euro remained stable al $1.05.
- In commodity markets, European Natural gas prices moderated slightly despite the cold weather in center and northern Europe and the price of the barrel of Brent rose after a pipeline closed in the US and Russia threatened to curb production.
- Today, the December ZEW survey for Germany will be released.