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Spanish Inflation Unexpectedly Holds Well Above ECB Target

dailynewsnblog
Business & Economy
June 29, 2026
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Spain’s numbers are the first major inflation release from the euro area since the ECB raised interest rates for the first time in three years this month. The other big economies report figures Tuesday, with the bloc itself publishing its own reading on Wednesday. Analysts predict a slight deceleration, to 3% from 3.2%.

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dailynewsnblog

dailynewsnblog
Business & Economy
June 29, 2026
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Asian shares are mixed as tech stocks in Japan and South Korea extend losses

HONG KONG (AP) — Asian markets were mixed on Monday and U.S. futures advanced after stocks on Wall Street steadied with only modest losses last week. Benchmarks in Japan and…