November 2017 Eurozone industrial production 11 January 2018

  • Prior 0.2%. Revised to 0.4%
  • 3.2% vs 3.0% exp y/y. Prior 3.7%. Revised to 3.9%
  • EU 28 states 0.9% vs 0.5% prior m/m
  • 3.5% vs 4.2% prior y/y

Good numbers from Europe with Capital goods the pick of the bunch gaining 3.0% m/m vs -0.2% prior. Durable goods improved too, rising 1.6% vs -2.1% in Oct. Energy production was flat on the month and down 3.4% on the year.

Further signs of an improving landscape for both industry and consumers. EURUSD..hello, is this thing on? 1.1948 trades from 1.1945.

Ryan Littlestone

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

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Ryan Littlestone

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