EUR/USD
1.16802
-0.210%
Gold
4701.33
-0.819%
Oil
92.655
0.759%
USD/JPY
159.708
0.146%
GBP/USD
1.34930
-0.070%
GBP/JPY
215.497
0.101%
Real-time News
On April 23, Berenberg Bank stated that the war with Iran is exacerbating inflationary pressures in the Eurozone, and the European Central Bank (ECB) is closely monitoring the situation. PMI data shows that input costs and output prices both rose at their highest levels in over three years in April. The extent to which these costs are passed on to consumers varies, with Germany experiencing a more pronounced effect than France. At next weeks meeting, the ECB is likely to keep its key interest rate unchanged. However, if the conflict escalates further, causing high input costs to be directly or indirectly passed on to consumer prices, the pressure on the ECB to raise interest rates will increase.According to LESG data, European companies are expected to report first-quarter earnings growth of 3.2%, higher than the 2.8% growth forecast a week ago. European companies expect first-quarter revenue growth of 0.4%, unchanged from the forecast a week ago.A Reuters poll found that 50 out of 85 economists expect the European Central Bank to raise interest rates at least once in 2026 (compared to 21 out of 60 economists in a March poll).A Reuters poll showed that 44 out of 85 economists expect the European Central Bank to raise its deposit rate to 2.25% in June (in a March poll, 38 out of 60 economists believed there would be no rate adjustment in 2026).A Reuters poll found that 84 out of 85 economists believe the European Central Bank will keep its deposit rate unchanged at 2.00% in April.
