Spain final December CPI readings 13 Jan

  • +0.6% flash
  • yy +1.6% vs +1.5% exp/flash
  • HICP mm +0.5% as exp/flash
  • yy +1.4% as exp/flash
  • core CPI mm +0.1% vs +0.5% prev
  • yy +1.0% vs +0.8%

HICP yy as flash and the highest since Aug 2013

Core mm a bit of a concern though.

EURUSD 1.0637 after failing into 1.0650 again. USDJPY testing 114.50 support.