Latest Italian inflation data now out
– -2.2% prev
– yy flash -0.2% vs +0.1% exp vs +0.4% prev
– CPI flash inc tobac mm -0.2% vs -0.2% exp/prev
– yy -0% vs 0.0% exp vs +0.3% prev
A big miss on HICP along eith that posted by EZ as a whole sees EURUSD test 1.0900 demand, EURGBP 0.7860 and EURJPY 123.16 but dip-buyers prevailing at the moment