Eurozone PPI numbers for Dec 2017 on 02.02.2018

  • Prior monthly PPI 0.6%
  • PPI Y/Y 2.2 % vs 2.3% exp, prior 2.8%

In line with expectations. Today’s focus lies with the US labour report of course. We’re seeing some mild managing of the latest EURO purchases vs USD but the crosses retain
their levels . Fo snow especially vs Commod currencies and the JPY

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