Eurozone provisional CPI report 31 May 2016

  • -0.2% prev
  • core CPI yy +0.8% as exp vs +0.7% prev

Slightly stronger than previous and welcome for it with positive impact from firmer energy prices but we'll wait for the final reading to get the full picture. Negative territory remains a worry.

Data out a short while ago. Apols for delay but flying solo and in any case it's not going to move mountains at this time. It's all about month-end flows today Posting for info and we'll learn more from the ECB on Thursday.

EURUSD still 1.1130 EURGBP 0.7624 EURJPY 123.65