Q2 2018 Eurozone GDP flash and June 2018 Industrial production data 14 August 2018

Industrial production June 2018

  • -0.7% vs -0.4% exp m/m. Prior 1.3%
  • 2.5% vs 2.6% exp y/y. Prior 2.4%

Nice print for GDP. Nothing boomy but solid. Industrial production disappoints though. EURUSD was already on the lows at 1.1384 before the data and hasn’t done anything more as I type. The ZEW improvement is also helping.


Ryan Littlestone

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