The post ECB: 12-month forward inflation projections remain steady at 4% appeared on BitcoinEthereumNews.com.
The latest survey by the European Central Bank (ECB) of consumer inflation expectations shows that one-year forward inflation projections remain steady at 4%. Three-year forward inflation projections have cooled down to 2.9% from March’s reading of 3%. Five-year forward inflation projections have remained steady at 2.4%. ECB FAQs The European Central Bank (ECB) in Frankfurt, Germany, is the reserve bank for the Eurozone. The ECB sets interest rates and manages monetary policy for the region. The ECB primary mandate is to maintain price stability, which means keeping inflation at around 2%. Its primary tool for achieving this is by raising or lowering interest rates. Relatively high interest rates will usually result in a stronger Euro and vice versa. The ECB Governing Council makes monetary policy decisions at meetings held eight times a year. Decisions are made by heads of the
The post Germany HCOB Manufacturing PMI above forecasts (49.9) in May: Actual (50.1) appeared on BitcoinEthereumNews.com.
GBP/USD struggles to capitalize on its goodish recovery from a one-and-a-half-week low, touched last Thursday, and trades cautiously above mid-1.3400s at the start of a new week. The US Dollar regains some positive traction amid the uncertainty over a potential US-Iran peace deal and hawkish US Federal Reserve bets. This, in turn, is seen as a key factor acting as a headwind for the pair ahead of the US ISM PMI data. Source: https://www.fxstreet.com/news/germany-hcob-manufacturing-pmi-above-forecasts-499-in-may-actual-501-202606010755
The post Euro holds losses against British Pound after Germany’s Retail Sales data appeared on BitcoinEthereumNews.com.
The EUR/GBP cross trades in negative territory near 0.8655 during the early European trading hours on Monday. The Euro (EUR) remains weak against the British Pound (GBP) following the upbeat German Retail Sales data. The preliminary reading of the Harmonized Index of Consumer Prices (HICP) from the Eurozone will be released on Tuesday. Data released by Destatis on Monday showed that German Retail Sales, a key measure of consumer spending, fell 0.3% MoM in April. This figure followed a fall of 0.3% (revised from -2.0%) and came in better than the market expectation of a 0.4% decrease. On an annualized basis, Retail Sales dropped 0.3% in April, versus the prior release of a 0.2% decline (revised from -2.0%). The German economic data fails to boost the EUR in an immediate reaction. On the UK’s front, BoE governor Andrew Bailey said on Friday that the UK central bank
The post Germany Retail Sales (MoM) came in at -0.3%, above expectations (-0.4%) in April appeared on BitcoinEthereumNews.com.
Gold edges lower during the Asian session on Monday and moves further away from a two-week high, around the $4,600 neighborhood, touched on Friday. The US Dollar regains positive traction at the start of the new week amid persistent geopolitical uncertainties and hawkish US Federal Reserve (Fed) expectations, which, in turn, is seen acting as a headwind for the commodity. Source: https://www.fxstreet.com/news/germany-retail-sales-mom-came-in-at-03-above-expectations-04-in-april-202606010600
The post Germany Retail Sales (YoY) increased to -0.3% in April from previous -2% appeared on BitcoinEthereumNews.com.
Gold edges lower during the Asian session on Monday and moves further away from a two-week high, around the $4,600 neighborhood, touched on Friday. The US Dollar regains positive traction at the start of the new week amid persistent geopolitical uncertainties and hawkish US Federal Reserve (Fed) expectations, which, in turn, is seen acting as a headwind for the commodity. Source: https://www.fxstreet.com/news/germany-retail-sales-yoy-increased-to-03-in-april-from-previous-2-202606010600
The post How The U.S. Army And NATO Are Sharing Drone Tactics For Mobile Combat appeared on BitcoinEthereumNews.com.
A participant uses a drone defense rifle during Project Flytrap 4.5 in November 2025 in Putlos, Germany. The Flytrap exercises are expanding into larger efforts that increase unity and tactical cohesion among allied forces. (Photo by Morris MacMatzen/Getty Images) Getty Images The U.S. Army conducted an exercise this month alongside troops from the United Kingdom to combine drone warfare tactics in an ongoing effort to increase effective anti-drone tactics across allied nations of the North Atlantic Treaty Organization. The joint exercise called Project Flytrap 5.0 was held in Lithuania about 30 kilometers from the border with Belarus, and marked a significant expansion of the abilities of NATO troops fighting side by side to successfully defeat unmanned aircraft systems in mobile combat. The Flytrap exercise series, which began last year, is part of NATO’s Eastern Flank
The AI boom's economic boost may be temporary; sustained growth depends on continued investment, while inflation risks could impact consumers.
The post Bank of Korea chief says AI boom offsets Iran war impact on economy appeared first on Crypto Briefing.
