Eurozone Dec Industrial production -1.1% m/m (exp -1.2),-2% y/y (exp-1%)

Nov IP revised to flat m/m (from -0.1), 0.1% y/y (from -0.3%)

Slight improvements on monthly but worse on the annuals

EUR’s higher but largely on a stronger ZEW which pushed the pair through stops at 1.3200 to 1.3205