• Prior +0.8%. Revised to 0.7%
  • 0.5% vs 0.5% exp y/y. Prior 1.4%
  • EU 28 states -1.1% vs 0.7% prior m/m
  • 1.1% vs 2.1% prior y/y

Another damp report from Europe but it’s old news coming from May so EUR/USD is ignoring it as it keeps trading at 1.3630

Intermediate, durable & non durable goods the stand out fallers on the month, (Int -2.4% vs +0.5% in April, Dur -1.8% vs -0.3%, non-dur -2.2 vs +2.4% prior)

Eurozone IP 14 07 2014

Eurozone IP 14 07 2014

Eurozone IP 14 07 2014

Eurozone IP m/m & y/y 14 07 2014