Spanish final readings inflation data for 12.10.2017

  • Prior m/m CPI 0.5%
  • CPI y/y 1.1 % vs 1.2% exp, prior 1.7%
  • HICP m/m 0.0% vs 0.1% exp, prior 0.3%
  • HICP y/y 1.2% vs 1.3% exp , prior 1.3%

A couple of misses there. Euro loses a few spreads on the back of French and Spanish soft CPI’s
EURUSD 1.2057 from 1.2075
EURJPY 134.30 from 134.45

 

K-man

Fundamentalist market maker, turned all round market taker.
Philosophy: “Cycling is good for your health, overtrading is bad”

Read how Koen got into trading here
K-man

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