{"id":11190,"date":"2024-05-29T07:25:22","date_gmt":"2024-05-29T06:25:22","guid":{"rendered":"https:\/\/cambridgecurrencies.com\/?p=11190"},"modified":"2025-02-06T22:26:14","modified_gmt":"2025-02-06T22:26:14","slug":"eurozone-cpi-switzerland-gdp","status":"publish","type":"post","link":"https:\/\/cambridgecurrencies.com\/eurozone-cpi-switzerland-gdp\/","title":{"rendered":"May Eurozone CPI Preview: Inflation Insights"},"content":{"rendered":"\n

Eurozone CPI<\/strong><\/p>\n\n\n\n

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\"May<\/figure>\n<\/div>\n\n\n\n
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May Eurozone CPI Preview: Inflation Insights<\/h1>\n\n\n\n

As we head into the middle of the week we see data from the Eurozone and Switzerland. At 12:00 AM<\/strong>, the Eurozone<\/strong> CPI<\/strong> will release the preliminary CPI for May. Expectations are for a 0.2% inflation, down from the previous 0.5%.<\/p>\n\n\n\n

Eurozone CPI<\/strong><\/p>\n\n\n\n

Later in the day, at 7:00 PM, Switzerland will release Q1 Gross<\/strong> Domestic Product <\/strong>data. The forecast is for the release to hold at 0.3%, the same as the last quarter. A surprise here may impact the Swiss Franc and set economic expectations moving forward.<\/p>\n\n\n\n

Eurozone CPI<\/strong><\/p>\n\n\n\n

The last bit of data is for May Eurozone Consumer Confidence<\/strong>, which will be out at 9:00 PM<\/strong>. Consensus is for -14.3, the same as last month’s number, so this will probably give some insight into consumer sentiment and future spending expectations.<\/p>\n\n\n\n

Eurozone CPI<\/strong><\/p>\n\n\n\n

The GBP\/USD<\/strong> rallied to a high since March 21, hitting 1.2800<\/strong> before sellers pushed it down to 1.2755. Currently at 1.2776, if resistance holds, a drop to 1.2700 or 1.2635 is possible. Key support is at 1.2743, with resistance at 1.2787. <\/p>\n\n\n\n

Eurozone CPI<\/strong><\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Eurozone CPI May Eurozone CPI Preview: Inflation Insights As we head into the middle of the week we see data from the Eurozone and Switzerland. At 12:00 AM, the Eurozone CPI will release the preliminary CPI for May. Expectations are for a 0.2% inflation, down from the previous 0.5%. Eurozone CPI Later in the day, […]<\/p>\n","protected":false},"author":244711593,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false},"version":2}},"categories":[97],"tags":[50518622,50518649,50518642,50518636,50518647,50518643,50518597,50518612,50518645,50518602,50518646,50518606,50518593,50518640,50518644,50518634,50518641,50518648,50518604],"class_list":["post-11190","post","type-post","status-publish","format-standard","hentry","category-market-insight","tag-consumerconfidence","tag-cpi","tag-currencytrading","tag-economicindicators","tag-eurozone","tag-financialmarkets","tag-forex","tag-forexanalysis","tag-forexmarket","tag-forexnews","tag-forexstrategies","tag-forextrading","tag-gbpusd","tag-gdp","tag-investment","tag-markettrends","tag-marketudate","tag-switzerland","tag-trading"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_likes_enabled":true,"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/pfpkhv-2Uu","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/cambridgecurrencies.com\/wp-json\/wp\/v2\/posts\/11190","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cambridgecurrencies.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cambridgecurrencies.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cambridgecurrencies.com\/wp-json\/wp\/v2\/users\/244711593"}],"replies":[{"embeddable":true,"href":"https:\/\/cambridgecurrencies.com\/wp-json\/wp\/v2\/comments?post=11190"}],"version-history":[{"count":9,"href":"https:\/\/cambridgecurrencies.com\/wp-json\/wp\/v2\/posts\/11190\/revisions"}],"predecessor-version":[{"id":28192,"href":"https:\/\/cambridgecurrencies.com\/wp-json\/wp\/v2\/posts\/11190\/revisions\/28192"}],"wp:attachment":[{"href":"https:\/\/cambridgecurrencies.com\/wp-json\/wp\/v2\/media?parent=11190"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cambridgecurrencies.com\/wp-json\/wp\/v2\/categories?post=11190"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cambridgecurrencies.com\/wp-json\/wp\/v2\/tags?post=11190"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}