Latest data now out

  • +0.3% flash
  • yy -0.3% as exp/flash
  • HICP mm +0.2% as exp/flash
  • yy -0.4% as exp/flash
  • core CPI mm +0.4% vs +0.9% prev
  • yy +1.0% vs +0.9%

Nothing of note here. Higher CPI mm revision is encouraging but core mm decline not so.

EURUSD is capping out ahead of the offers I highlighted above 1.1060 with the DAX posting opening gains. Currently 1.1046