Latest data released by Eurostat - 5 March 2018
- Prior m/m -1.1%; revised to -1.0%
- Retail sales y/y +2.3% vs +2.0% expected
- Prior y/y +1.9%; revised to +2.1%
Better than expected y/y readings, along with positive adjustments as well. Not too shabby, but again it's only a minor data point for consumer sentiment - and a lagging one, January reading.
EUR/USD now at 1.2321 not going anywhere, EUR/GBP at 0.8919 a little lower as the sterling catches a bid following the services PMI report earlier. EUR/JPY at 130.06, also moving sideways.
