August 2017 Italian industrial orders 25 October 2017

  • Prior revised to 0.4%
  • 12.2% vs 10.1% prior y/y NSA
  • Sales 2.0% vs -0.3% prior m/m SA. Revised to -0.2%
  • 3.4% vs 4.0% prior y/y WDA

Decent numbers out of Italy. Add in the German IFO and that gets a 10 pip rise in EURUSD to 1.1770.

Ryan Littlestone

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