Some data out of Europe today
- Spain retail sales Oct 2017 -0.1% vs 2.2% exp y/y
- Prior 2.1%. Revised to 1.6%
- France consumer confidence Nov 2017 102 vs 101 exp. Prior 100
- Germany import prices Oct 2017 2.6% vs 2.6% exp y/y. Prior 3.0%
Not the best data for Spain but French confidence is on the up again. German import prices suffer a bit but that’s to be expected given the rise in the Euro. Nothing mush to trade on here.