Eurozone Oct CPI estimate yy 1.4% vs 1.5% exp

Eurozone Oct CPI data now out 31 Oct

• 1.5% prev
• Core CPI yy 0.9% vs 1.1% exp/prev

Q3 GDP SA flash also out :

• qq 0.6% vs 0.5% exp vs 0.6% prev
• yy 2.5% vs 2.4% exp vs 2.3% prev

Softer CPI but better yy GDP sees EURUSD dip to 1.1625

Also out;

• Sept EZ unemployment rate 8.9% vs 9.0% exp vs 9.0% prev revised down from 9.1%

A welcome reduction in unemployment again.

EURUSD currently 1.1630, EURGBP 0.8803 on session lows but EURJPY up to 131.70 as USDJPY continues its rally from 112.95 to post 113.30.

EZ CPI mm

EZ GDP qq

EZ unemployment rate