More weaker PPI data as commodities remain on the back foot
– yy -2.2% vs -1.3% prev
Total mortgage lending YY 47.8% vs 21.8% prev
– house mortgage approvals yy 21.8% vs 26.3%
Deflationary PPI and mixed housing data leaves EURUSD dropping through 1.1150 with EURJPY down to 134.28 and capping USDJPY again as European equity markets start stronger