Scotiabank Notes Euro, Eurozone Government Bonds Ignore Soft CPI
BY MT Newswires | ECONOMIC | 01/07/26 08:59 AM EST08:59 AM EST, 01/07/2026 (MT Newswires) -- Eurozone core consumer price index slipped to 2.3% year over year in December, down a tick from the prior month but still rangebound with 2.3%-2.4% readings since May, said Scotiabank after Wednesday's CPI release.
The euro (EUR) ignored the data, noted the bank.
Eurozone government bonds (EGB) were rallying before the release and ignored it too, stated Scotiabank.
The monthly seasonally unadjusted core CPI was the weakest on record compared to other months of December, added the bank.
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