Not too much change in Asia overnight, EUR/USD very marginally easier at 1.2200 presently, having closed out around 1.2225 in North America Tuesday.
Talk of China 1.2100-1.2500 dnt in place. This will be helping contain price activity to some extent.
Little or nothing in way of euro zone data today:
09:00 GMT: Euro zone April PPI expected +0.7% m/m, +2.6% y/y
European stocks expected to open sharply lower.
