Latest data released by Istat - 10 October 2018

  • Prior -1.8%; revised to -1.6%
  • Industrial production WDA y/y -0.8% vs -1.5% expected
  • Prior -1.3%

Slight delay in the release by the source. A decent improvement there in terms of Italian factory activity but in the grand scheme of things, the data offers little significance. EUR/USD is almost flat on the day now at 1.1492 while EUR/GBP sits near the lows at 0.8730.