Germany: CPI rose 1.8% YoY in June

Fxstreet.com (Edinburgh) - The preliminary inflation figures for the month of June showed an annual increment of 1.8%, surpassing market forecasts at 1.7% and higher than May’s 1.5% advance. On a monthly basis, consumer prices rose 0.1%, above the median at 0.0% and lower than the previous print at 0.4%.

The HICP rose 1.9% YoY and 0.1% inter-month.

USD/JPY hovering around 99.00

The USD/JPY has continued to move higher and briefly rose above the 99.00 mark amid broad yen weakness.
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Canada Gross Domestic Product (MoM) declines to 0.1% in April from 0.2% in March

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