The preliminary inflation prints for June in the major euro area economies highlight a growing divergence in inflation outcomes. There was good news: headline CPI inflation in Italy fell to 6.7% in June from 8.0% in May, while…

  On the heels of yesterday’s disappointing German PMIs, the October Belgian Business Confidence and German IFO surveys will help alleviate fears towards the European economy. While the current assessment component of the IFO…