Q3 2017 Eurozone GDP revision and September 2017 PPI data 14 November 2017

GDP

  • Flash 0.6%. Q2 0.7%
  • 2.5% vs 2.5% exp y/y. Flash 2.5%. Q2 2.3%

Industrial production (Sep)

  • -0.6% vs -0.6% exp m/m. Prior 1.4%
  • 3.3% vs 3.2% exp y/y. Prior 3.8%

Pretty much on the money. EURUSD is still finding 1.1720 a top since running up on the back of yen selling in the crosses.

Italy final Sep 2017 CPI has finally popped up too.

  • HICP 1.1% vs 1.1% exp y/y. Prior 1.1%
  • 0.0% vs 0.0% exp/prior m/m
  • CPI 1.0% vs 1.0% exp/prio y/y
  • -0.2% vs -0.2% exp/prior m/m

 

 

 

Ryan Littlestone

Psychedelic chartist extraordinaire. Have your shades ready.
Philosophy: “Don’t be a Dick for a tick”

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