Latest inflation data now out

  • +0.2% prev
  • yy +0.2% vs +0.3% exp vs +0.2% prev
  • HICP mm -1.0% as exp vs +0.2% prev
  • yy +0.4% as exp vs +0.3% prev
  • PPI mm -1.2% vs +0.2% prev revised up from +0.1%
  • yy -2.8% vs -2.45 prev
  • Consumer Spending mm +0.7% vs +0.5% exp vs -1.4% prev rev down from -1.1%
  • yy +0.3% vs +1.2% exp vs +0.3% prev rev down from +1.0%

A mixed bag but markets aren't focussing on this right now.

EURUSD still trading around 1.0900 as Europe gets underway.