Producer Price data now out
– +0.0% prev from +0.2%
– yy vs -12.4% exp vs -12.1% prev
– output nsa mm-0.2% vs -0.1% exp vs -0.1% prev from 0.0
– yy nsa -1.5% vs -1.3% exp vs -1.4% prev from -1.3%
Softer PPI data, with lower oil price still the driver, out weighing the CPI coupled with general USD demand sees GBPUSD down to 1.5143 after failing above 1.5165 post-data