EU : Market gauge of long-term euro zone inflation hits 5-1/2-month high
Thu Nov 10 2016
Live Index (1451 articles)

EU : Market gauge of long-term euro zone inflation hits 5-1/2-month high

LONDON : A market gauge of long-term euro zone inflation expectations hit its highest level since late May on Thursday, pulled up by expectations of rising consumer prices in the U.S. under a Donald Trump presidency.

Euro zone bond yields hit multi-month highs, rising in the slipstream of the biggest surge in U.S. yields seen in years as investors bet Trump’s protectionist trade policies and fiscal spending would boost inflation.

A key market measure of long-term inflation in the U.S. – the five-year, five-year forward – rose to 2.38 percent on Wednesday, its highest since July 2015.

The euro zone equivalent – which is followed closely by the European Central Bank – hit a 5-1/2-month high of 1.4890 percent.

Live Index

Live Index

Discussion

Rules of Discussion on Live Index

1. This forum is for discussion of financial markets. Please respect others view even if they are contrary to you.
2. Member's comments should lead to value addition in forum discussion.
3. If anyone is found making repetitive Explicit/Abusive/Racial comments, his account shall be banned and old posts will be deleted.