Germany February flash CPI data now out 27 Feb
A slight delay to the release
- -0.7% prev
- yy 1.4% vs 1.5% exp vs 1.6% prev
- HICP mm 0.5% vs 0.6% exp vs -1.0% prev
- yy 1.2% vs 1.3% exp vs 1.4% prev
Stronger than prev mm readings but yy weaker.
No great surprises following the pattern of the regionals already out today but a worry still for the ECB.
EURUSD down to 1.2305 as some general USD demand prevails. EURGBP steady around 0.8835 as GBPUSD posts new session lows of 1.3920. USDJPY back above 107.00
US trade and durable goods data plus Fed chair Powell all out at the bottom of the hour.
