A complete catastrophic miss in Chinese GDP and a missile launch from the North Koreans overnight and what to we have to show for it? Sodall, as Gerry would say.

US CPI is next up at 12:30 GMT. With the Fed firmly on hold, it really isn’t likely to move the market much, sad to say.

1.3135/40 remains support on pullbacks near-term while central bank sellers are rumored up near 1.3180. Sound familiar?