May 2018 Eurozine flash HICP inflation data 31 May 2018

Also out;

  • Eurozone unemployment rate Apr 2018 8.5% vs 8.4% exp. Prior 8.5%. Revised to 8.6%
  • Italy HICP 1.1% vs 1.0% exp y/y. Prior 0.6%
  • CPI 1.1% vs 0.8% exp y/y. Prior 0.5%

A beat all round but no further reaction in EURUSD as it stays near the highs of the day. 1.1710 trades form the 1.1724 highs.

Ryan Littlestone

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

Read how Ryan got into trading here
Ryan Littlestone

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