Yet more softer inflation data coming in under expectations

  • -0.3% prev
  • yy-0.9% vs -0.5% exp vs -0.4% prev
  • HICP mm +0.4% vs +1.0% exp vs -0.4% prev
  • yy -1.2% vs -0.7% exp vs -0.5% prev

Also out Spanish August retail sales:

  • yy SA +3.1% vs +3.2% exp vs +4.1% prev
  • yy unadj +3.2% as exp vs +4.2% prev

EURUSD rally being tempered by data and offers between 1.1280-1.1300