Latest data now out

  • -5.2 revised up from -5.5%
  • yy NSA -0.8% vs +2.8% prev revised up from +2.1%
  • industrial sales mm -0.1% vs -1.6% prev
  • yy WDA -0.9% vs -2.5% prev revised down from -2.4%

Better than expected data albeit a little old but a step in the right direction nonetheless

Euro not impressed though being capped by equity market rallies

EURUSD 1.0658 EURGBP 0.7065 EURJPY 130.48