Latest data released by INSEE - 13 December 2018

  • Final CPI +1.9% vs +1.9% y/y prelim
  • Final HICP -0.2% vs -0.2% m/m prelim
  • Final HICP +2.2% vs +2.2% y/y prelim

Preliminary figures can be found here. All in-line with initial estimates. Nothing from the release here that will change expectations ahead of the ECB forecasts to be released later in the day.

EUR/USD sits at the highs currently at 1.1380 as the euro is getting a bit of a boost from improved sentiment in Italian bonds but the pair still only sits in a 17 pips range. EUR/GBP still rather flat on the day at 0.9002 currently.