Latest German reading now out following on from the earlier regionals
- -0.8% prev
- yy 0.0% vs +0.1% exp vs +0.5% prev
- HICP mm +0.4% vs +0.6% exp vs -1.0% prev
- yy -0.2% vs 0.0% vs +0.4% prev
Euro under pressure again on the softer readings but a lot will have been factored in already from the regionals.
Still yy HICP back in negative territory for the first time since Sept 2015 is not a good place to be for Germany or the ECB and these concerns that will lead to on-going belief that we'll see further easing in March.
EURUSD 1.1008 testing strong demand/support around 1.1000 again. EURGBP 0.7880 having failed into 0.7900 on that impressive rally from 0.7842 lows earlier. EURJPY still on the back foot.
US GDP/PCE data next up at 13.30 GMT
Germany HCIP yy
