Italian CPI July provisional mm -0.1% vs 0.0% exp

Italian inflation also disappointing

• +0.2% prev
• HICP mm -1.9% vs -2.0% prev
• yy +0.4% vs +0.3% exp +0.2% prev

Euro still enjoying some dip demand EURUSD 1.0956 EURGBP 0.7035 EURJPY 136.12