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2025-12-17 16:12:46
[European Session Focuses on UK Inflation Data; Market Expectations Lean Towards Dovishness Ahead of Bank of England Decision] ⑴ The main focus of the European session is the UK Consumer Price Index (CPI) report. The data was significantly weaker than expected, putting downward pressure on the pound and boosting the UK stock market. ⑵ The market widely expects the Bank of England to cut interest rates by 25 basis points tomorrow, lowering the benchmark rate to 3.75%. However, following this week's weak employment and inflation data, the central bank's rhetoric may be more dovish. ⑶ Looking ahead, apart from the final reading of the Eurozone CPI and the German economic sentiment index, there are few other important data releases on the agenda. These data are not expected to change the ECB's policy stance, and the bank is expected to maintain its current stance in tomorrow's monetary policy decision.
