Market Comment | Soft recovery in financial assets after yesterday’s sell-off

Eurozone inflation flash estimate remains unexpectedly stable in December (at 0.2% YoY; BBVAe: 0.5% YoY, consensus: 0.4% YoY). Core inflation also remained stable at 0.9% YoY, while the consensus had expected a bigger increase (consensus: 1% YoY). The fall in food prices offset the lower-than-expected fall in energy prices. (see). Along the same lines, the Italian inflation […]

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