Latest data released by INSEE - 30 October 2018
- Prior +0.8%; revised +1.1%
- Consumer spending -1.5% vs +0.6% y/y expected
- Prior +1.3%
Heavy misses on consumption data here but it won't matter all too much as the data here feeds into the GDP report released earlier in the day. EUR/USD trading a little lower now on the session at 1.1368 while EUR/GBP has inched a little higher to 0.8897. EUR/JPY holds near the highs still at 128.25.
