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Germany December PPI mm +0.4% as expected

ByMike Paterson

Jan 20, 2017

Germany December PPI report 20 Jan
– +0.3%
– yy 1.0% as exp vs +0.1% prev
Stronger yy but will take a while to filter through into headline inflation.
Meanwhile EURUSD underpinned still at 1.0688 but finding 1.0700 a step too far again.

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  3. EURUSD breaks back down through 1.1030 as USD demand returns
  4. US MBA mortgage applications 0.8% vs 5.8% prior

By Mike Paterson

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