Latest data released by Eurostat - 19 February 2018
- Prior m/m revised to +0.2%
- Construction output +0.5% vs +2.7% y/y prior; revised to +2.9%
As mentioned in the calendar preview, it's a minor data point - one that gives a general gauge of Eurozone sentiment.
A little dip in the y/y figures, but the data point isn't really a market mover. Besides, this data set is a little lagging behind (December figures).
EUR/USD now at 1.2410, still see-sawing on the day. EUR/GBP now at 0.8855, a little higher as sterling weakens. EUR/CHF up to 1.1513 - almost unchanged on the day.
