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ECB’s Vujčić: Central bank faces possibility of new inflation shocks

In an interview with CNBC on Tuesday, European Central Bank (ECB) policymaker Boris Vujčić said, the central bank “faces possibility of new inflation shocks.”

He further noted that “higher defence spending will contribute somewhat to inflation pressures.”

GBP/USD: Major resistance at 1.3800 is probably out of reach – UOB Group

Pound Sterling (GBP) may edge higher and test the 1.3770 level against US Dollar (USD); the major resistance at 1.3800 is probably out of reach.
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Eurozone Harmonized Index of Consumer Prices (YoY) in line with expectations (2%) in June

Eurozone Harmonized Index of Consumer Prices (YoY) in line with expectations (2%) in June
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