Source: Insee May 9th 2018

prior 1.2%, revised to 1.1%

  • Industrial production YoY 1.8% vs 2.8% expected, 4% prior (revised 3.8%)
  • Manufacturing production M/M 0.1% vs 0.9% expected, -0.6% prior (revised -0.5%)
  • Manufacturing production YoY 0.4% vs 2.1% expected, 2.1% (revised 2.3%)

EUR/USD sat at 1.1838 prior to the report . This was Q1 data and that is already down as being a soft patch....But this is soft, Euro falling on the release...