Preliminary Italian CPI data out a few moments ago along with EZ readings

  • CPI mm inc tobacco -0.2% vs 0.1% exp vs -0.3% prev
  • yy 1.0% vs 1.3% exp vs 1.1% prev
  • HICP mm 0.0% vs 0.2% exp vs 1.8% prev
  • yy 1.1% vs 1.3% exp/prev

Softer tones along with those from the Eurozone composite inflation data also just out .

Sadly only one pair of hands still hence late reporting but not earth shattering FX-wise given focus was on the EZ releases.