Latest data out a short while ago

  • -0.9% prev
  • yy -0.7% vs +1.7% exp vs 3.0% revised up from +2.8%
  • mftg production mm -0.8% vs +0.3% exp vs +0.6% prev revised up from +0.4%
  • yy +0.5% vs +1.7% exp vs +3.0% prev revised up from +2.8%

How you feeling now Msr Villory? Still thinking your French economy is doing just fine ?

EURUSD drifting off to 1.1277 but EURGBP nudging back above 0.7800 giving a cap to cable again at 1.4485. Currently 1.4453.

Rinse n repeat.