The European Central Bank should end its bond-buying programme if Germany’s stronger-than-expected inflation reading for December is reflected across the euro zone, the head of Germany’s Ifo economic institute said.
German consumer prices, harmonised to compare with other European countries (HICP), rose by 1.7 percent on the year in December after an increase of 0.7 percent in November, the Federal Statistics Office said on Tuesday.
USD/JPY – Surging Dollar Punches Above 118 Yen
UK Manufacturing PMI Jumps to Two and a Half Year High
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Craig Erlam
His views have been published in the Financial Times, Reuters, The Telegraph and the International Business Times, and he also appears as a regular guest commentator on the BBC, Bloomberg TV, FOX Business and SKY News.
Craig holds a full membership to the Society of Technical Analysts and is recognised as a Certified Financial Technician by the International Federation of Technical Analysts.
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