Latest producer price data out a few moments ago
- yy -2.5% vs -2.6% prev
Also out French consumer spending:
- mm -0.7% vs -0.1% exp vs +0.1% prev revised up from 0.0%
- yy +2.1% vs +2.8% exp vs +2.6% prev
A big miss on consumer spending will be a concern
Euro unfazed though with EURUSD still kicking around 1.0625, EURGBP 0.7040 and EURJPY 130.00
France PPI mm
France Consumer Spending mm